Ashok Vaswani – Artifex.News https://artifex.news Stay Connected. Stay Informed. Sat, 27 Jun 2026 17:49:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.1 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png Ashok Vaswani – Artifex.News https://artifex.news 32 32 Kotak Mahindra Bank MD Ashok Vaswani seeks to step down https://artifex.news/article71155450-ece/ Sat, 27 Jun 2026 17:49:00 +0000 https://artifex.news/article71155450-ece/ Read More “Kotak Mahindra Bank MD Ashok Vaswani seeks to step down” »

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Ashok Vaswani, Managing Director & CEO of Kotak Mahindra Bank (KMB) has informed the Board of the Bank that, for personal reasons, he does not wish to seek re-appointment upon completion of his current term on December 31, 2026.

“The Board has, at its meeting held today [Saturday] respected his decision and has initiated the process for the appointment of a new Managing Director & CEO.,” Kotak Mahindra Bank said on a statement.

“The process will be completed within applicable regulatory timelines,” it added.

Mr. Vaswani took over the role in January 2024 after a leadership change. Previously he has worked with Citigroup and Barclays. 

Published – June 27, 2026 11:00 pm IST



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Ashok Vaswani is presently the president of Pagaya Technologies

New Delhi:

Kotak Mahindra Bank has received approval from the Reserve Bank of India (RBI) for the appointment of Ashok Vaswani as the bank’s Managing Director and Chief Executive Officer.

Here are a few facts about Ashok Vaswani:

1. Ashok Vaswani is presently the president of the US-Israel fintech firm Pagaya Technologies.

2. An alumnus of Sydenham College of Commerce and Economics, Ashok Vaswani has had a long career with global banks including Citigroup and Barclays.

3. Mr Vaswani held the position of Consumer Banking CEO in Citibank’s Asia Pacific division from 2004 to 2007. After the global financial crisis, he took on the role of Chief of Cards at Barclays in Europe and later in Africa.

4. In 2012, Ashok Vaswani became the CEO of Barclays’ Retail Banking division in London and eventually rose to be the CEO for all of Barclays UK, where he oversaw various financial sectors.

5. From 2021 until he retired in July 2022, Mr Vaswani served as the Chief Digital Officer of the British bank. Following his retirement, he became the President of Pagaya.



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