Mumbai, 25^th July 2024.

Kotak Mahindra Bank Ltd. (“KMBL” / “Bank”) today announced the appointment of SK Honnesh as Group General Counsel. With over 25 years of distinguished experience in Legal and Compliance, Honnesh brings valuable expertise to the role. As Group General Counsel, he will oversee Legal, Secretarial, and Compliance functions across the Kotak Group.

Honnesh joins Kotak from Piramal Enterprises Limited, where he served as Group General Counsel for nearly 12 years. Prior to this, he held the position of Vice President – Legal at Reliance Industries Limited.

A graduate of National Law School of India University, Bengaluru, and a member of the Bar Council of Maharashtra and Goa, Honnesh brings extensive expertise in managing strategic transactions, legal issues and litigation.

"As Kotak Group embarks on its next phase of growth, robust oversight of our legal, regulatory compliance and risk management functions is essential to navigate the complex business environment. We are confident that Honnesh’s leadership will enhance our ability to operate with speed, simplicity, and transparency while managing our risks efficiently," said Ashok Vaswani, MD & CEO, Kotak Mahindra Bank.

SK Honnesh, Group General Counsel, Kotak Mahindra Bank, expressed enthusiasm about the new role, stating, "I am honoured to have the opportunity to contribute to Kotak's next phase of growth and uphold the rich legacy of prudent corporate governance, sound risk management, and ethical practices at Kotak."