
Paritosh Kashyap Named Executive Director At Kotak Mahindra Bank; Shanti Ekambaram Retires As Deputy MD
Kotak Mahindra Bank has elevated Paritosh Kashyap to Executive Director and announced the retirement of Deputy Managing Director Shanti Ekambaram, effective October 31, 2025.
Kashyap has been with the Kotak Group for over 30 years and has led the wholesale banking business since 2022. He also serves as a Non-Executive Director on the Board of Kotak Mahindra Investments Limited and Kotak Infrastructure Debt Fund Limited. Previously, he was the Chief Executive Officer (CEO) of Kotak Mahindra Investments. His previous responsibilities included structured finance, real estate, and debt capital markets. Kashyap is a Chartered Accountant (CA), holds a bachelor’s degree in commerce, and is a member of The Institute of Chartered Accountants of India.
Ekambaram has nearly 30 years of experience across investment banking, corporate banking, and consumer and retail banking. She has been with the Kotak Mahindra Group for over 27 years and has played a role in setting up and managing multiple businesses. As a member of the Bank’s Executive Board, she has contributed to the Group’s overall growth direction. She has received multiple recognitions, including CA Women Business Leader (2013), and has featured in rankings by Business Today and Fortune India. Her work spans capital markets, mergers and acquisitions, fixed income, advisory, project financing, transaction banking, treasury products, and digital business. Ekambaram has also served on the Board of the Indian Institute of Management Bangalore (IIM-B) since 2016.