Kotak CTO Bhavnish Lathia quits in a year
Less than a year after his appointment, Bhavnish Lathia has resigned as chief technology officer (CTO) of Kotak Mahindra Bank, citing personal reasons, extending the lender’s struggle to retain leadership continuity in the role. Lathia had taken over from Silicon Valley veteran Milind Nagnur, who resigned as CTO in January 2025 after serving a little over two years.
In his resignation, Lathia said he was relocating to the US for personal reasons.
“The technology leadership team is stable, mature and ready for broader responsibilities,” he wrote in a letter addressed to managing director Ashok Vaswani. “There is never a good time to resign, but I feel this is the best time for me to step off the stage and let the next generation of technology leaders take centre stage.”Following Lathia’s exit, Kotak Mahindra Bank has appointed Nilesh...
