Kotak Mahindra Bank CTO Bhavnish Lathia Quits, Nilesh Chaudhari Appointed New CTO

• Kotak Mahindra Bank CTO Bhavnish Lathia resigned citing personal reasons, relocating to the US.
• Lathia's departure marks the second CTO exit in just over a year for the bank.
• Nilesh Chaudhari has been appointed as the new CTO, and Aravamudham (Vijay) Narayanan as Head of Innovation and AI.
• These appointments are effective from February 10, 2026, as per regulatory filings.
• Lathia's exit adds to a series of senior leadership changes at Kotak Mahindra Bank recently.