Mr. Paul Parambi will cease to be the Group Chief Risk Officer (GCRO) of Kotak Mahindra Bank Limited at the end of the day on June 11, 2025, in view of his upcoming retirement.
Mr. Parambi will continue as Group President – Risk and will cease to be a Senior Management Personnel (SMP) of the Bank upon his retirement on June 30, 2025.
The Board of Directors of the Bank has appointed Ms. Srishti Sethi as the new GCRO and a Senior Management Personnel (SMP) of the Bank, for a period of five years, with effect from June 12, 2025.
Ms. Sethi brings over 30 years of experience across enterprise and credit risk, banking and wealth management, corporate debt, collections, and operational excellence.
She has held leadership roles at Hero Fincorp, IDFC First Bank, and GE Capital in the past.
Ms. Sethi is a graduate in Mathematical Statistics and holds a PGDBM, along with Certified Information Systems Auditor (CISA) and CRISC certifications.