Milind Nagnur will lead the bank’s technical transformation as president and chief technology officer (CTO), Kotak Mahindra Bank announced today.
Nagnur brings with him more than 20 years of experience working in leadership positions in the technology sector, mostly in the banking and fintech industries. According to a statement from the bank, he has a wealth of experience managing significant portfolios of crucial transaction processing platforms, apps, data, and infrastructure services.
Nagnur joins Kotak from Early Warning, a fintech business owned by seven of the top banks in the United States. Nagnur is an expert at reinventing and fortifying key platforms and processes while building strategic new capabilities to fuel development. As the owner and operator of the Zelle Network, a financial services network aimed at revolutionizing payment experiences, Early Warning is well recognized.
He had prior employment at JP Morgan Chase, Citigroup, and Wells Fargo Bank. “We are thrilled to welcome Milind Nagnur to our team as CTO of Kotak Mahindra Bank. We are certain that Milind will offer enormous value to our bank as we go towards the next level of growth because of his wealth of expertise in leading technical initiatives in the global fintech and banking industries, said Dipak Gupta, joint managing director of Kotak Mahindra Banks.
“With technology at its foundation, the Indian banking and financial services industry is undergoing a tremendous transformation. I am thrilled to join an iconic brand that is reinventing itself as a bank in this context. Nagnur, who holds a Bachelor of Technology from the Indian Institute of Technology (IIT) Bombay and an MBA in Computer Information Systems and Finance from the Indian Institute of Management (IIM) Calcutta, continued, “I’m super excited to join the amazing team at Kotak Mahindra Bank and contribute towards fulfilling the brand’s promise of a trusted and secured banking.
