A banking and financial services company, Kotak Mahindra Bank has announced the appointment of Ketaki Bhagwati as an Additional Director and an Independent Director of the Bank.
Ketaki Bhagwati serves as an Independent Director and Senior Advisor, providing leadership to companies in strategy, business development, operations, governance, and financial, credit, and risk management. She is currently an Independent Director on the Board of Bayer CropScience (India) Ltd.
Prior to Kotak Mahindra Bank, Bhagwati held the position of Chief Investment Officer in the Financial Institutions Group at the International Finance Corporation (IFC).
At IFC she worked for nearly twenty-five years from 1991 to 2005, specializing in private equity, mergers & acquisitions, debt & structured finance, and distressed asset workouts across various sectors in Asia, the Middle East, and Africa.
Before joining IFC, she worked at Credit Rating Information Services of India (CRISIL) in Mumbai.
Bhagwati is a member of the Investment Committee at Encourage Capital, a US-based impact fund focused on investments in India.
She is also a Senior Advisor to the South Asia Center, Atlantic Council (USA), focusing on major economic policy issues in India, and actively supports women leaders in business as a member of the Wellesley College Business Leadership Council.
Previously, Bhagwati also served as an Independent Director on the Board of Axis Bank Limited, Omniactive Health Technologies Pvt. Ltd and a Nominee Director of IFC on the Board of Tikona Infinet Pvt. Ltd.
Bhagwati holds a Master of Public Administration in Economic Development & Finance from Harvard University’s John F. Kennedy School of Government and a Bachelor of Arts in Political Science from Wellesley College.
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