Kotak Mahindra Bank Limited announced the appointment of Mr. Devang Gheewalla as the Chief Financial Officer and a Key Managerial Personnel of the Bank, designated as `President and Group Chief Financial Officer', with effect from April 1, 2024 consequent upon the superannuation of Mr. Jaimin Bhatt, currently Group President and Group Chief Financial Officer, on March 31, 2024. Mr. Gheewalla, aged 56 years, is a B.Com, Chartered Accountant and a Cost and Works Accountant. He has varied experience in the areas of finance, advisory, operations and audit.

He has been with the Kotak Group since 2004 and is currently President and CFO Banking and has been a part of the Key Leadership Team of Kotak from 2014.