Kotak Mahindra Bank appoints Bhavnish Lathia as CTO, announces key leadership changes

Private sector bank Kotak Mahindra Bank has appointed Bhavnish Lathia as its new Chief Technology Officer (CTO) and Vyomesh Kapasi as a member of the Group Management Council. The bank’s board of directors approved the appointments during a meeting held on Saturday, with both set to assume their new roles from 22 March. According to a regulatory filing, Lathia and Kapasi will be designated as Senior Management Personnel.  

Lathia has been with Kotak Mahindra Bank since August 2022, serving as Chief of Customer Experience and Head of Technology for the Consumer Banking division. With over 27 years of experience in global technology, product management, and platform management, he has worked with several internationally recognised organisations. Lathia holds a Bachelor’s degree in Computer Engineering, a Master’s in Computer Science, and an MBA. He is also part of the bank’s Key Leadership Team, contributing to strategic decision-making in technology and customer experience.  

Kapasi, who has been heading Products in the Consumer Banking division since February 2025, will also take on a broader leadership role as a member of the Group Management Council. His expertise in consumer banking products and market strategy is expected to strengthen the bank’s focus on innovation and growth.  

In addition to these appointments, Kotak Mahindra Bank has designated six other officials as Senior Management Personnel. The newly identified leaders include Pranav Mishra, Head of Consumer Bank – Distribution; Phani Shankar, Chief Credit Officer; SK Honnesh, Group General Counsel; Anupam Kaura, Chief Human Resources Officer; Rohit Bhasin, Chief Marketing Officer; and Rajiv Mohan, Treasurer.