In a strategic move aimed at strengthening its tech-driven transformation, Kotak Mahindra Bank has appointed Bhavnish Lathia as its new Chief Technology Officer (CTO), effective immediately. This significant appointment underscores the bank’s commitment to advancing its leadership in the tech space and furthering its goals of innovation and progress.
Ashok Vaswani, the Managing Director and CEO of Kotak Mahindra Bank, commended Bhavnish Lathia for his pivotal role in the bank’s technological growth over the past three years.
“Bhavnish has been instrumental in driving our technology initiatives for the last three years, building a world-class team of engineers to help drive our technology agenda,” Vaswani remarked. “The rapid deployment of technology, with business leaders working closely with their respective technology teams, will be key to transforming our businesses for scale. This approach will drive customer satisfaction and organizational efficiency. And with Bhavnish’s leadership, we will achieve our ambitious agenda and set the bar for technology leadership in the banking industry.”
Bhavnish Lathia, who has played a crucial role in Kotak Mahindra Bank’s technological transformation, expressed his excitement and determination for the new journey ahead. He emphasized the importance of continuing to innovate and elevate the bank’s technology landscape to better serve its customers and meet the demands of the modern banking world.
This appointment marks a new chapter for Kotak Mahindra Bank, as it seeks to further enhance its technological capabilities and improve the banking experience for its customers. Under Lathia’s leadership, the bank is set to drive forward its ambitious agenda, positioning itself as a leader in the digital transformation of the banking sector.
Kotak Mahindra Bank’s forward-thinking approach reflects the importance of seamless integration between technology and business, ensuring a future-focused path towards greater customer satisfaction and operational excellence.
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