In a strategic move to further strengthen its governance, risk, and compliance leadership, Kotak Mahindra Bank has appointed Dr. Deepak Kalambkar as Deputy Vice President. With over 18 years of experience in cybersecurity, IT governance, compliance, and risk management, Dr. Kalambkar brings deep domain expertise across BFSI, fintech, and digital services, making him a valuable addition to Kotak’s leadership team.
Prior to joining Kotak, he served in key leadership positions with organizations such as FlexM, SafexPay, AQM Technologies, Marvel Data Services, and Progressive Infotech, where he played a pivotal role in building high-maturity security programs and implementing frameworks for ISO 27001, PCI-DSS, ITGC, ITIL, ITSM, governance audits, and enterprise risk management. He has worked closely with major financial institutions including QNB Bank and Bandhan AMC, delivering VAPT engagements, ISMS audits, and strengthening GRC infrastructures.
Dr. Kalambkar is also recognized for his contributions as a cybersecurity mentor, process auditor, and thought leader. With a strong focus on IT governance, internal training, compliance consulting, and risk-aware culture development, he has helped organizations build structured and resilient security architectures. His professional presence, backed by thought-leadership content and industry engagement, reflects his commitment to elevating cyber awareness, compliance maturity, and organizational transformation.
At Kotak Mahindra Bank, his mandate will focus on reinforcing governance frameworks, advancing internal audit and risk capabilities, enhancing compliance training programs, and aligning security strategy with the bank’s digital and business objectives. With regulatory expectations tightening across India’s financial ecosystem, his role will be instrumental in navigating evolving standards, strengthening data protection frameworks, and embedding cyber resilience into Kotak’s operational fabric.
Reflecting on his journey, Dr. Kalambkar emphasizes the importance of trust, governance, and continuous learning as pillars of modern financial resilience. As he embarks on this new leadership chapter, his expertise is expected to contribute significantly to Kotak’s mission of delivering secure, compliant, and future-ready financial services.
