Board appoints Anu Aggarwal as Senior Management Personnel, effective October 24, 2026
The Board of Kotak Mahindra Bank has appointed Ms. Anu Aggarwal as a Senior Management Personnel of the Bank, with immediate effect from October 24, 2026.
By ScoutQuest · · 2 min read
- Appointment Effective Date
- with immediate effect from October 24, 2026
- Current Role
- President and Head-Corporate and Transaction Banking in the Wholesale Banking Group
- Experience
- over 19 years with the Bank; over 25 years of experience in handling large corporate clients
Appointment of a Senior Management Personnel
The Board of Directors of the Bank, at its meeting held on October 24, 2026, appointed Ms. Anu Aggarwal as a Senior Management Personnel (SMP) of the Bank, with immediate effect from October 24, 2026. The meeting commenced at 10:30 a.m. IST and concluded at 3:25 p.m. IST.
Who is she
- Ms. Aggarwal is currently President and Head-Corporate and Transaction Banking in the Wholesale Banking Group of the Bank, a position she has held since August 2025.
- She is a member of the Key Leadership Team (KLT) and has been associated with the Bank for over 19 years.
- She joined the Bank in April 2007. In earlier roles she headed the Conglomerates, Multinationals, New Age companies and Corporate Client Groups within the Wholesale Banking Division, and also led Lending, Transaction Banking, Foreign Exchange, DCM, ECM and advisory for corporate clients across India.
- Before joining the Bank, she worked with the Global Corporate and Investment Banking team at Citibank for over a decade.
- She has over 25 years of experience in handling large corporate clients, and was chosen among ET's Women Ahead for the year 2016.
- She holds a B.Com. degree in Commerce and Economics from Punjab University and an MBA from Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai.
What changes for investors
The update states that the Board appointed her as an SMP of the Bank; it does not describe any change in her existing role or responsibilities. The disclosure of relationships between directors is marked as not applicable, as this is an appointment of a senior management person and not of a director.
How to read this
This is a routine management disclosure about an internal senior executive being formally designated as a Senior Management Personnel. Because the person named is a long-serving executive of the Bank, the news reads as continuity in the wholesale banking leadership rather than an outside hire or an exit.
Also from Kotak Mahindra Bank
Audio recording of Q2 FY27 earnings call made available on bank's website
24 Oct 2026
Kotak Mahindra Bank Q2FY27: standalone PAT up 29% to ₹4,212 cr, net advances up 25%
24 Oct 2026
Q2FY27 results: standalone PAT ₹ 4,212 crore, up 29% YoY; consolidated PAT ₹ 5,645 crore
24 Oct 2026
More numbers
- Years associated with the Bankover 19 years
- Experience in handling large corporate clientsover 25 years
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