Mumbai, Maharashtra, India, November 2024 – Vivek K Aggarwal has been appointed as Head of IT Governance, Risk & Compliance at Kotak Mahindra Bank, where he will oversee the bank’s IT governance strategies and regulatory compliance framework. His role will involve ensuring robust risk management practices across the bank’s IT operations.
Vivek brings over 25 years of diverse experience in IT governance, risk management, and compliance. Prior to joining Kotak Mahindra Bank, he served as Senior Vice President at HDFC Bank, where he led key functions such as IT Regulatory Compliance, Audit Monitoring, and UAM Governance. Over his five-year tenure, Vivek contributed significantly to strengthening the bank’s IT regulatory framework and third-party risk management.
Before his tenure at HDFC Bank, Vivek was instrumental at IDFC FIRST Bank, serving in multiple roles, including Vice President & Head – Third Party Risk Management & Oversight. Here, he developed comprehensive frameworks for vendor risk management, regulatory audits, and operational resilience.
Earlier in his career, Vivek held leadership roles in Apollo International, Bank of America Merrill Lynch, and American Express, where he gained expertise in operational risk management, internal controls, and global audit frameworks.
Vivek began his professional journey in internal auditing, honing his skills in risk assessment and compliance.
About Kotak Mahindra Bank
Kotak Mahindra Bank, established in 1985, is one of India’s leading financial services conglomerates. It was the first non-banking finance company in India to receive a banking license from the Reserve Bank of India in 2003. With a robust portfolio spanning commercial banking, stockbroking, mutual funds, insurance, and investment banking, Kotak Mahindra Bank is recognized for its customer-centric approach and innovation in financial services.
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