Mumbai, Maharashtra, India, March 2025 – Vyomesh Kapasi has been appointed as Head of Products – Consumer Bank at Kotak Mahindra Bank, transitioning from his previous role as MD & CEO of Kotak Mahindra Prime Limited. With over three decades of experience in the financial sector, Vyomesh will focus on driving innovation and growth in consumer banking products, enhancing the bank’s offerings to meet evolving customer needs. His extensive background in financial services, strategic leadership, and product development will play a crucial role in strengthening Kotak Mahindra Bank’s position in the market.
In another key leadership change, Kotak Mahindra Bank announced the appointment of Shahrukh Todiwala as the new MD & CEO of Kotak Mahindra Prime Limited. With deep expertise in vehicle financing, he will lead the company’s expansion and reinforce its customer-centric approach. These leadership transitions highlight Kotak Mahindra Bank’s commitment to fostering internal talent and reinforcing its long-term strategic vision.
Prior to his new role, Vyomesh Kapasi served as MD & CEO of Kotak Mahindra Prime Ltd. for nearly 14 years, leading the vehicle finance business and spearheading strategic initiatives for growth and profitability. Under his leadership, the company solidified its position as a market leader in vehicle financing solutions.
Before that, he was associated with Kotak Mahindra Bank for over five years as Executive Vice President, where he headed the Personal Loan division and played a key role in expanding the bank’s retail lending portfolio.
Earlier in his career, Vyomesh spent over a decade at Kotak Mahindra Primus Limited as COO, where he was instrumental in scaling the company’s operations and financial services portfolio.
He began his professional journey with Eureka Forbes Ltd., spending seven years in various sales leadership roles, culminating as Divisional Sales Manager, where he honed his expertise in customer engagement and business development.
With a diverse background spanning vehicle financing, retail lending, and consumer banking products, Vyomesh brings a holistic understanding of the financial sector, positioning him well for success in his new role at Kotak Mahindra Bank.
Kotak Mahindra Bank is one of India’s leading financial institutions, offering a diverse range of services across commercial banking, stock broking, mutual funds, life insurance, and investment banking. Established in 1985, the bank became the first NBFC in India to receive a banking license from the Reserve Bank of India (RBI) in 2003.
With an expansive domestic and international footprint, Kotak Mahindra Bank continues to innovate and expand its banking, lending, and wealth management services, serving individuals and businesses globally. The latest leadership appointments align with its vision to strengthen product offerings and enhance customer experiences across key financial segments.
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