Kotak Mahindra Bank Limited at its board meeting held on March 15, 2024, appointed Mr. Jaideep Hansraj, currently Managing Director of Kotak Securities Limited ("KSL"), a wholly-owned subsidiary of the Bank), as Group President - One Kotak of the Bank, for engaging in the collaboration and oversight of subsidiaries of the Bank. In his new role, Mr. Hansraj will be a Senior Management Personnel of the Bank.