Mumbai, Maharashtra, India, April 2026 — Mihir Dandekar has recently joined Kotak Mahindra Bank within the Wholesale Banking franchise as Senior Vice President, as part of the Conglomerates & Corporate Groups vertical. In this role, he leads a team of seasoned relationship managers and oversees coverage of select strategic corporate relationships for the bank. His appointment marks an important addition to the bank’s wholesale banking leadership as it continues to strengthen its corporate and conglomerate coverage capabilities.
Before joining Kotak Mahindra Bank, Mihir Dandekar served as Head – Growth & New Initiatives at VIP Industries Limited, where he worked as part of the Managing Director’s core team. In that role, he led strategic initiatives and transformation projects across functions including sales, finance, investor relations, supply chain, and brand marketing. He also drove expansion of the institutional business, supported entry into new markets and geographies, identified growth opportunities through partnerships and cross-sector collaborations, and contributed to broader business strategy with a focus on scaling growth and improving operational effectiveness.
Prior to that, he built a long career at Federal Bank, where he most recently served as Vice President and Regional Head – West. In this capacity, he was responsible for business development across a substantial portfolio of corporate clients in the western region and led a team of senior relationship executives to maximize wallet share. He also brought expertise across conventional banking products while designing bespoke financing solutions spanning balance sheet finance, payments, trade, transaction banking, investment banking, and digital banking. Earlier at Federal Bank, he also served as Deputy Vice President – Corporate & Institutional Banking and AVP – Corporate & Institutional Banking.
Earlier in his career, Mihir Dandekar spent nearly six years at Tata Capital, where he held multiple assignments across Corporate Finance Division, Private Equity, and Leasing Solutions. In these roles, he was responsible for acquiring mid and large corporate accounts, offering a suite of corporate finance products, structuring finance and leasing solutions, and overseeing sourcing, negotiation, documentation, and account monitoring. He was also associated with Tata Opportunities Fund, an India-focused private equity fund, where he was involved in evaluating investment opportunities.
He also held the role of Manager at Tata Capital, where he worked across treasury fund raising, retail, and portfolio management. Earlier, he was associated with Ogilvy – Tata Sky, 3GlobalServices – Tech Mahindra, and Wipro as part of his broader professional journey, adding diverse early-career exposure across corporate environments.
His career reflects strong and consistent experience across wholesale banking, corporate and institutional banking, private equity, structured finance, leasing solutions, growth strategy, and strategic business initiatives. With this diverse background across banking and corporate leadership roles, Mihir Dandekar brings a well-rounded and strategic perspective to his new role at Kotak Mahindra Bank.
About Kotak Mahindra Bank
Kotak Mahindra Bank is part of the Kotak Mahindra Group, one of India’s leading financial services conglomerates. Established in 1985, the group entered banking in 2003 when Kotak Mahindra Finance Ltd. became the first non-banking finance company in India to convert into a bank. The group offers a wide range of financial services, including commercial banking, stock broking, mutual funds, life insurance, and investment banking, serving both individuals and the corporate sector through a broad domestic and international presence.
Read Also : When HR “Produces Nothing”: A Response to Jennifer Sey’s Anti-HR Vision
The Fine Balance: Navigating Work, Life, and Mental Wellbeing
Mind the Leadership Gap – From Learning to Real-World Impact
How the Adecco Group is empowering its employees for the future of work









