The 2 executives will collectively lead the funding banking enterprise, taking up from Ramesh Srinivasan, who has been appointed non-executive vice chairman for a three-year time period efficient August 1.
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In an announcement, the corporate mentioned the co-CEO construction displays Jayasankar and Mallik’s “long-standing partnership and shared dedication to the agency’s shoppers, staff and development technique.”
Srinivasan, who has spent greater than three many years with the Kotak Group, was instrumental in constructing Kotak Funding Banking into one in all India’s main advisory franchises.
The management change comes as Kotak reclaimed the highest spot in India’s fairness capital markets league tables within the first half of 2026. The agency can be positioned to profit from what is anticipated to be a report yr for Indian preliminary public choices (IPOs), with a number of multibillion-dollar listings within the pipeline.
Commenting on the appointments, billionaire Uday Kotak, the group’s founder and chairman, mentioned within the assertion, “Jayasankar and Sourav are exceptionally properly positioned to guide the enterprise.”
