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Kotak Mahindra Bank’s Chief Technology & Operations Officer Milind Nagnur Quits

After serving the role of Chief Technology and Operations Officer at the flagship company of the Kotak Group- Kotak Mahindra Bank for the past two-and-a-half years, Milind Nagnur has now called it a day at the banking major owing to personal reasons. His last day at the company will be February 15.

MM Desk by MM Desk
January 6, 2025
in Business, People Spotting
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Kotak Mahindra Bank’s Chief Technology & Operations Officer Milind Nagnur Quits

After being associated with the flagship company of the Kotak Group- Kotak Mahindra Bank as its Chief Technology and Operations Officer for the last two-and-a-half years, Milind Nagnur has now tendered his resignation at the company.

In an email addressed to Kotak Mahindra Bank’s MD and CEO Ashok Vaswani, he mentioned, “Due to personal reasons, please accept my resignation from the firm. I am resigning for personal reasons and plan to relocate back to the US to care for family members. Our agreed upon final date for me at the firm will be Feb 15, 2025. I am deeply grateful to yourself, and to my former managers Uday and Dipak, as well as to all the board members for their unwavering support and guidance throughout this journey of tech transformation.”

“I feel blessed to have been part of this wonderful company, with eagerness to assist the firm in the future, as required by the company. I am immensely grateful to the countless number of friends, colleagues and mentors for making this journey so worthwhile. Thank you for letting me learn from you and be a part of your lives,” he added.

Prior to joining Kotak Mahindra Bank in August 2022, he was associated with Early Warning in the role of Chief Technology Officer from June 2020 to July 2022; Well Fargo as EVP and CIO from February 2018 to June 2020 and Citi as SVP and Managing Director from June 2006 to February 2018.

Before that he also served a five years long stint as Vice President at JPMorgan, IT Architect/Development Manager at BusinessEdge Solutions and as IT Risk Consultant at Price Waterhouse Coopers between 1998 and 1999.

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