The Reserve Bank of India (RBI) has approved the re-appointment of C S Rajan as the Part-Time Chairman of Kotak Mahindra Bank. Rajan’s extended term will run from January 1, 2026, to October 21, 2027. His continued leadership is expected to further strengthen the bank’s strategic direction.
Chairman’s Term Extended
Kotak Mahindra Bank announced that the RBI has approved the re-appointment of C S Rajan as Part-Time Chairman. This extension allows Mr. Rajan to continue guiding the bank’s strategic initiatives.
Leadership Continuity
Ashok Vaswani, Managing Director & CEO of Kotak Mahindra Bank, expressed enthusiasm for Mr. Rajan’s continued leadership. Mr. Vaswani highlighted the bank’s exciting phase of growth and transformation, emphasizing the value of Mr. Rajan’s strategic vision. Mr. Rajan also shared his commitment to strengthening the bank’s position.
Effective Dates
Mr. Rajan’s re-appointment is effective from January 1, 2026, and his term will continue until October 21, 2027. He has served as Part-Time Chairman since January 1, 2024.
Source: BSE
