Kotak Investment Banking Appoints Ramesh Srinivasan Vice Chairman

MUMBAI, July 30, 2026 — Premier full-service financial institution Kotak Investment Banking announced a strategic leadership transition on Thursday, July 30, 2026, elevating Managing Director and Chief Executive Officer Ramesh Srinivasan to Non-Executive Vice Chairman of the Board for a three-year term. Concurrently, the Board of Directors approved the appointment of V. Jayasankar and Sourav Mallik as Managing Directors and Co-Chief Executive Officers (Co-CEOs), effective August 1, 2026. According to official corporate statements, the top-deck restructuring aims to ensure long-term leadership continuity, preserve institutional knowledge, and accelerate the growth of its investment banking franchise across domestic and international deal corridors.

Senior Executive Roles and Dual-Leadership Structure

Under the approved executive framework, Ramesh Srinivasan—a Kotak Group veteran who led the investment banking unit over the past decade—moves into a strategic advisory role. As Non-Executive Vice Chairman, Srinivasan will advise executive management on strategic initiatives, deepen client engagement, provide regulatory insights, and support key institutional relationships across the wider group.

The newly designated Co-CEOs, V. Jayasankar and Sourav Mallik, will lead the investment banking business with equal authority and operational responsibility. Both executives previously served as Managing Directors and Deputy CEOs, bringing extensive expertise in Equity Capital Markets (ECM), Mergers & Acquisitions (M&A), and private equity advisory.

Strategic Significance for Dealmaking and Capital Markets

Kotak Investment Banking, a primary subsidiary of listed banking giant Kotak Mahindra Bank Limited, serves as a leading dealmaker in India's capital markets. The dual-leadership structure builds on Jayasankar and Mallik's long-standing working partnership, designed to optimize coverage across equity issuances, cross-border M&A, and corporate restructuring.

Industry analysts note that maintaining leadership continuity is vital as Indian capital markets experience elevated initial public offering (IPO) activity and surging private equity deal flows.

Official Sources Section

According to official announcements issued by Kotak Investment Banking and corporate disclosures routed via parent entity Kotak Mahindra Bank Limited, the appointments were vetted by the Nomination and Remuneration Committee and formally ratified by the Board of Directors. Regulatory oversight remains governed by the Securities and Exchange Board of India (SEBI) and stock exchange listing rules on BSE Limited and the National Stock Exchange of India.

Quote Section

"Over the last decade, Kotak Investment Banking under Ramesh's leadership has strengthened its position as a trusted, differentiated and market-leading franchise," stated Uday Kotak, Chairman of Kotak Investment Banking. "Jayasankar and Sourav are exceptionally well placed to lead the business. They bring deep institutional knowledge, long-standing client relationships, specialist product expertise and an outstanding track record of execution."

Why It Matters

The leadership transition provides stability and operational clarity for corporate clients, institutional investors, and regulatory bodies. By pairing a strategic advisory role for its veteran outgoing CEO with experienced co-CEOs, Kotak Investment Banking positions itself to maintain its market share in initial public offerings, debt syndication, and strategic corporate acquisitions across domestic and international markets.

Key Facts at a Glance

• Leadership Shuffle: Ramesh Srinivasan named Non-Executive Vice Chairman of the Board for a three-year term starting August 1, 2026.

• Co-CEO Model: V. Jayasankar and Sourav Mallik elevated to Managing Directors and Co-CEOs.

• Equal Mandate: Both Co-CEOs will manage operations with joint authority and shared strategic responsibilities.

• Parent Ownership: Entity operates as the investment banking arm of Kotak Mahindra Bank Limited.

Frequently Asked Questions (FAQs)

Who has been appointed as the Vice Chairman of Kotak Investment Banking?

Ramesh Srinivasan, former Managing Director & CEO, has been appointed as Non-Executive Vice Chairman of the Board for a three-year term starting August 1, 2026.

Who are the new Co-CEOs of Kotak Investment Banking?

V. Jayasankar and Sourav Mallik have been appointed as Managing Directors and Co-Chief Executive Officers, effective August 1, 2026.

What will Ramesh Srinivasan’s new role entail?

As Non-Executive Vice Chairman, Srinivasan will advise management on strategic priorities, strengthen high-level client engagement, provide regulatory insights, and support key institutional relationships.

Where can investors and clients track official announcements from Kotak?

Official news and corporate filings are accessible on the web portals of Kotak Investment Banking, BSE Limited, and the National Stock Exchange of India.

Source: Kotak Investment Banking, Kotak Mahindra Bank Limited, BSE Limited, National Stock Exchange of India, Securities and Exchange Board of India