Archive · 30 Jul 2026
Kotak Investment Banking Names Co‑CEOs Jayasankar, Mallik
Kotak Investment Banking, part of Kotak Mahindra Bank, is changing its top leaders.
Two people, V Jayasankar and Sourav Mallik, will share the job of running the company.
A long‑time leader, Ramesh Srinivasan, will become a senior advisor.
The change is meant to keep the bank strong and help it grow.
In the first quarter, the bank made a lot of money, up 25.6% from last year, and its shares traded just a little lower on the stock market.
Kotak Investment Banking announced V Jayasankar and Sourav Mallik as Managing Directors and Co‑Chief Executive Officers effective August 1.
Ramesh Srinivasan was appointed non‑executive Vice Chairman for a three‑year term starting August 1.
The co‑CEO structure gives Jayasankar and Mallik equal authority to lead the firm’s next growth phase.
Kotak Mahindra Bank reported a 25.6 % rise in Q1 net profit to ₹4,123 cr, driven by higher other income.
Shares of Kotak Mahindra Bank closed 0.67 % lower at ₹387.60 on the NSE.
- Who
- V Jayasankar, Sourav Mallik, Ramesh Srinivasan, Uday Kotak
- What
- Kotak Investment Banking announced a leadership reshuffle, appointing Jayasankar and Mallik as Co‑Chief Executive Officers and Srinivasan as Vice Chairman
- When
- Effective August 1, 2024
- Where
- Kotak Investment Banking, Mumbai, India
- Why
- To ensure continuity and support the next phase of the investment bank’s growth
- Co‑CEOs
- V Jayasankar and Sourav Mallik
- Effective date
- August 1
- Vice Chairman
- Ramesh Srinivasan
- Q1 net profit
- ₹4,123 crore
- Share price
- ₹387.60 (NSE)
- Leadership change
- Co‑CEO structure