Kotak Mahindra Bank Limited appointed Mr. Eli Leenaars (full name: Mr. Cornelis Petrus Adrianus Joseph Leenaars) as an Additional and Independent Director on the Bank’s Board for four years, effective January 1, 2024, subject to statutory/regulatory requirements and other necessary requirements.
Mr. Eli Leenaars, a successful leader with 35 years of experience in the financial services sector, has expertise in institutional and investment banking, asset management, corporate and retail banking, and life and general insurance. He is a respected expert on digital banking and global industry trends, managing businesses through mergers, acquisitions, corporate restructurings, strategic initiatives, and challenging financial environments. Mr. Prakash Apte, Non-Executive Independent Chairman, Kotak Mahindra Bank said, “A respected expert on the future of digital banking and global industry trends in finance, investment, banking and leadership, he will bring a fresh perspective to the deliberations, and the Board is looking forward to working with him closely.”
Mr. Leenaars is currently serving as Group Chief Operating Officer of Quintet Private Bank, a medium-sized Luxembourg-headquartered bank and wealth manager with operations in 6 European countries.