Kotak Mahindra Bank has announced the appointment of Ashu Suyash as an Independent Director for five years. In a meeting, the other directors approved the appointment which will be effective from January 24, 2022, till January 23, 2027.

According to the statement given by the bank, Suyash holds the experience of leading several multinational companies as CEO and managing complex regulated businesses and driving transformation and change. Presently she is an Independent Director on the Board of Hindustan Unilever Limited. 

Prior to this, Suyash was the MD & CEO of CRISIL Ltd and a member of its risk management, stakeholders relationship and corporate social responsibility committees.

In the statement given to the stock exchanges the bank further stated that this appointment was made on the recommendation of its Nomination and Remuneration Committee. Suyash is in the process of setting up an innovative platform for daring and passionate entrepreneurs. 

She brings a sharp insight into strategy, execution, finance, stakeholder management, risk and regulatory affairs and in leading global teams, the statement said.