Kotak Mahindra Bank CTO Bhavnish Lathia Resigns
Kotak Mahindra Bank’s Chief Technology Officer Bhavnish Lathia has resigned less than a year after taking up the role, the bank said in a regulatory filing.
Kotak Mahindra Bank CTO Resignation
The private lender confirmed that Bhavnish Lathia stepped down from the position, and the resignation will take effect as per the terms communicated to the board. The bank did not indicate any immediate disruption to ongoing technology operations.
Senior management is expected to oversee responsibilities until a replacement is appointed.
Technology Leadership Transition
Lathia had joined the bank to strengthen digital infrastructure and technology transformation initiatives. The leadership change comes during a period when banks are expanding digital services, cybersecurity frameworks and platform upgrades.
Institutions typically maintain continuity plans to ensure system stability during executive transitions.
Impact On Digital Strategy
The bank said its technology roadmap and customer services will continue without interruption. Recruitment for the role is expected to follow internal procedures while ongoing projects proceed under existing teams.
The development highlights continuing leadership changes within the banking sector as firms invest in digital capabilities.
