Kotak Mahindra Bank Limited

BSE:500247 Stock Report

Market Cap: ₹3.5t

Kotak Mahindra Bank Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Ashok Vaswani

Chief executive officer

₹16.2m

Total compensation

CEO salary percentage76.3%
CEO tenureless than a year
CEO ownershipn/a
Management average tenureless than a year
Board average tenure2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ashok Vaswani's remuneration changed compared to Kotak Mahindra Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹221b

Jun 30 2024n/an/a

₹215b

Mar 31 2024₹16m₹12m

₹182b

Compensation vs Market: Ashok's total compensation ($USD191.31K) is below average for companies of similar size in the Indian market ($USD1.10M).

Compensation vs Earnings: Insufficient data to compare Ashok's compensation with company performance.

CEO

Ashok Vaswani (64 yo)

less than a year

Tenure

₹16,155,000

Compensation

Mr. Ashok Valiram Vaswani serves as the Managing Director and Chief Executive Officer of Kotak Mahindra Bank Limited from January 01, 2024 and has been its Director. He had been the President of Pagaya Tec...

Leadership Team

NamePositionTenureCompensationOwnership
Ashok Vaswani
MD, CEO & Directorless than a year₹16.16mno data
Shanti Ekambaram
Deputy MD & Directorno data₹63.37m0.067%
₹ 2.3b
Devang Gheewalla
Group President & Group CFOless than a yearno datano data
Milind Nagnur
CTO & COOless than a yearno datano data
T. Raghunath
Head of Corporate & Investment Banking9.6yrsno datano data
Himanshu Vasa
Chief Compliance Officer1.1yrsno datano data
Prasanna Kotian
Head of Group Corporate Communicationless than a yearno datano data
Rohit Bhasin
President of Propositions & Chief Marketing Officerno datano datano data
Anupam Kaura
Chief Human Resources Officerless than a yearno datano data
Paul Parambi
Group Chief Risk Officer12.3yrsno datano data
Rohit Rao
Joint President & Group Chief CSR Officerno datano data0.0016%
₹ 55.7m
Jaideep Hansraj
Group President of One Kotak & Additional Whole-Time Directorless than a yearno datano data

0.8yrs

Average Tenure

60yo

Average Age

Experienced Management: 500247's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Ashok Vaswani
MD, CEO & Directorless than a year₹16.16mno data
Shanti Ekambaram
Deputy MD & Director2yrs₹63.37m0.067%
₹ 2.3b
Jaideep Hansraj
Group President of One Kotak & Additional Whole-Time Directorless than a yearno datano data
Uday Kotak
Non-Executive Non-Independent Director39yrs₹5.03m25.86%
₹ 906.4b
Cornells Adrianus Joseph Leenaars
Independent Directorless than a year₹1.40mno data
Uday Shankar
Independent Non-Executive Director5.7yrs₹5.50m0.000020%
₹ 700.9k
Amit Desai
Non-Executive Director2.7yrs₹4.10m0.069%
₹ 2.4b
Ashok Gulati
Independent Director3.7yrs₹6.20mno data
Ketaki Bhagwati
Independent Directorless than a yearno datano data
Chandra Rajan
Non-Executive Independent Part-Time Chairman2.1yrs₹6.64mno data
Ashu Suyash
Independent Director2.8yrs₹8.29mno data

2.1yrs

Average Tenure

63yo

Average Age

Experienced Board: 500247's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.