Kotak Mahindra Bank appoints Srishti Sethi as Group Chief Risk Officer, succeeding Paul Parambi

Sethi is ready to imagine workplace on June 12, 2025.

She may even be a part of the financial institution’s senior administration as a chosen Senior Administration Personnel (SMP) and can serve within the function for a interval of 5 years.

Parambi, who has held the GCRO place, will proceed as Group President – Danger till his official retirement on June 30, 2025. He’ll stop to be a part of the senior administration at the moment.

“The Board of Administrators of the Financial institution have, on June 9, 2025, appointed Ms. Srishti Sethi as the brand new GCRO and a SMP of the Financial institution, for a interval of 5 years, with impact from June 12, 2025,” the financial institution stated in an trade submitting.

Who’s Srishti Sethi?

Sethi brings together with her over three a long time of expertise in enterprise and credit score threat, banking and wealth administration, company debt, collections, and operational excellence. Her prior management roles embody stints at Hero Fincorp, IDFC First Financial institution, and GE Capital. Based on the financial institution’s assertion, she is understood for her strategic perspective, deep area experience and the power to steer transformation with precision and function. An alumna of Girl Shri Ram School with a level in Mathematical Statistics, Sethi additionally holds a Put up Graduate Diploma in Enterprise Administration from IMS Ghaziabad. She is a Licensed Data Methods Auditor (CISA) and holds a CRISC (Licensed in Danger and Data Methods Management) certification.