Kotak Mahindra Bank has tapped Anu Aggarwal for a senior leadership role, appointing her as Senior Management Personnel with immediate effect from October 24, 2026. Aggarwal currently serves as Head of Corporate and Transaction Banking in the Wholesale Banking Group, a position she has held since August 2025, and she is also a member of the Bank’s Key Leadership Team. The move signals Kotak’s intent to deepen its leadership depth in its wholesale business as it continues to pursue growth across its large corporate client base.
Aggarwal brings more than 25 years of experience working with large corporate clients, and has spent over 19 years with Kotak since joining in 2007. In her tenure at the Bank, she has led the Conglomerates, Multinationals, New Age Companies and Corporate Client Groups within the Wholesale Banking Division. Her background spans Lending, Transaction Banking, Foreign Exchange, Debt Capital Markets and Equity Capital Markets, as well as advisory work across corporate clients on a pan-India basis. Outside Kotak, she built her early career with Citibank’s Global Corporate and Investment Banking team.
Her appointment underscores Kotak’s ongoing focus on strengthening its wholesale banking capabilities and client franchise, leveraging Aggarwal’s proven leadership in handling top-tier corporate relationships and her track record of building the bank’s corporate banking franchise. With a career profile that blends front-line client leadership with cross-functional execution, Aggarwal’s elevation aligns with Kotak’s strategy of deepening leadership bench strength within its core businesses.
The bank did not describe changes to any board or regulatory structure, but the appointment reinforces Kotak’s emphasis on experienced, home-grown leadership to navigate a challenging macro backdrop while continuing to push growth in wholesale banking and corporate client services.