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Kotak appoints Milind Nagnur as President and CTO

Predominantly in the banking and Fintech space, Nagnur, as the CTO, brings with him more than 20 years of global experience in technology leadership roles

Milind Nagnur has joined Kotak Mahindra Bank as President and Chief Technology Officer (CTO) to spearhead the Bank’s technological transformation, the bank announced on Tuesday.

Predominantly in the banking and Fintech space, Nagnur, as the CTO, brings with him more than 20 years of global experience in technology leadership roles.

He has an extensive background in highly regulated financial industries and managing large-scale portfolios of critical transaction processing platforms, applications, data, and infrastructure services, according to a statement.

While building strategic innovative capabilities to fuel growth, Nagnur specializes in reimagining and fortifying core platforms and processes.

Nagnur, previously, was associated with Early Warning, a Fintech company owned by seven of the leading banks in the United States. During his career, Nagnur has held eminent positions with Wells Fargo Bank, Citigroup, and JP Morgan Chase.

Nagnur, an alumnus of IIT Delhi and IIM Calcutta, has co-authored a book on Java2 Network Security published by Prentice Hall.

Dipak Gupta, Joint Managing Director, Kotak Mahindra Bank, said, “For today’s customer, trust is also defined by the availability, resiliency, and performance of the platforms and systems they interact with. We are delighted to have Milind Nagnur join us as Kotak Mahindra Bank’s CTO. His rich experience in driving the technological initiatives in the global Fintech and banking industry is an asset and we are confident that Milind will add immense value to our bank as we move towards the next level of growth.”

Milind Nagnur, President and Chief Technology Officer, Kotak Mahindra Bank, said, “The Indian Banking and Financial Services space is dramatically transforming with technology and I am excited to partner with an iconic brand that is transforming itself as a bank with technology at its core. I am truly excited to join the amazing team at Kotak Mahindra Bank and contribute to its brand promise of secure and trusted banking.”

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Khushbu Soni
Khushbu Soni
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