Summary
Overview
Work History
Education
Skills
References
Languages
Personal Information
Timeline
Generic
Sovit Nanda

Sovit Nanda

Mumbai

Summary

Corporate Banker with 20 years of experience in nurturing relationships across SME, Mid Corporate, Large Corporate, and Multinational sectors. Expertise in leading high-performance teams as a Regional and National Manager for 14 years, driving strategic execution aligned with organizational goals. Recognized for a proven track record in network expansion and business development, complemented by strong skills in relationship building and credit risk management. Currently contributing to the Wholesale Banking Leadership team at Kotak Mahindra Bank Ltd.

Overview

20
20
years of professional experience

Work History

Sr Executive Vice President & National Acquisition Manager

Kotak Mahindra Bank Ltd
04.2023 - Current
  • Spearheading pan-India team, driving business growth through strategic client acquisitions and relationship management
  • My ability to foster a collaborative environment and empower team members enabled us to deliver exceptional results and expand our client base
  • We have successfully grown the SME business by 30%+ year on year aligning with banks priority to grow the SME business and reinforced our position as a trusted partner for SME business

Sr Executive Vice President & Zonal Business Manager (South)

Kotak Mahindra Bank Ltd
04.2021 - 03.2023
  • Entrusted with an opportunity to grow the SME franchise in South India
  • Work with managers in the team to achieve strong business results through mentoring and creating a high performing team

Executive Vice President & Zonal Business Manager (South)

Kotak Mahindra Bank Ltd
04.2020 - 03.2021

Senior Vice President & Regional Manager (West, Mumbai) – MNCs

Kotak Mahindra Bank Ltd
07.2017 - 03.2020
  • Was responsible for growing the Multinational Clients business portfolio of the bank for Western India (Mumbai, Pune, Gujarat, Goa etc)
  • Domain expertise in managing profitability, overseeing customer acquisition and quality of customers, enhancing wallet size, cross sell of other products, increasing penetration / share of Kotak Bank in chosen customer segments and managing/mentoring team

Senior Vice President & Regional Manager (N&E, New Delhi) – MNCs

Kotak Mahindra Bank Ltd
04.2016 - 06.2017
  • Key deliverables were to build & lead an aggressive sales & relationship team, maximize revenues & customer profitability parameters for the portfolio, growing portfolio through acquisitions and effective cross selling

Vice President & Regional Manager (N&E) – MNCs

Kotak Mahindra Bank Ltd
04.2015 - 03.2016
  • Company Overview: Company Overview: ING Vysya Bank Ltd merged into Kotak Mahindra Bank Ltd wef 01-Apr-15
  • Subsequent to merger of ING with Kotak; primary responsibility was to stabilize the ING portfolio in Kotak system and retention of clients
  • Entrusted with responsibility of growing the MNC business for the merged entity for North & East Region
  • Company Overview: ING Vysya Bank Ltd merged into Kotak Mahindra Bank Ltd wef 01-Apr-15

Regional Head (N&E) – International Clients Group (ICG)

ING Vysya Bank Ltd
05.2013 - 03.2015
  • Responsible for establishing banking relationships with top MNC clients and to set up the ING Franchisee for Multinational clients in North & East India
  • Responsible for serving a portfolio of 100+ Multi National Corporate based out of N&E India
  • Was responsible for maintaining relationships with respective RMs in ING countries
  • Probably the only resource in entire wholesale Banking to be Rated 5/5 in last four appraisal ratings (FY12-15)

Sr Relationship Manager (Head N&E) - International Clients Group

ING Vysya Bank Ltd
04.2011 - 04.2013
  • Was Leading a team which was responsible for Client Acquisition, credit appraisal, Servicing and delivery for clients for N&E
  • Was chosen as part of the ING Vysya Bank Talent Pool for 2 years that recognizes employees who have exhibited commendable performance, have demonstrated leadership capabilities, ambition and the potential to grow with the organization
  • Promoted to Regional Head within 2 years

Relationship Manager – Corporate Banking (N&E)

ING Vysya Bank Ltd
04.2008 - 03.2011
  • Handled a portfolio of 30+ Large Indian and Multi National Corporate Clients
  • Conceptualizing and implementing strategies with a view to i) penetrate new clients and convert these quickly into profitable, multi-product relationships, and ii) to expand existing relationships for a wide range of Financial products / services, and to constantly win new deals
  • Was chosen as part of the LEAP (Group of around 150 resources chosen from the entire workforce of 10,000+ and are viewed as future leaders and talent within bank)

Manager – Corporate Banking (N&E)

ING Vysya Bank Ltd
05.2006 - 03.2008
  • Assessment of Credit worthiness; of clients including preparation of credit Proposals, analysis of financial statements, conducting Credit ratings, etc
  • Complete handling of documentation including negotiation with client

Sr Management Trainee – Corporate Banking (N&E)

ING Vysya Bank Ltd
05.2005 - 03.2006
  • Understanding credit worthiness of clients and analyzing their banking requirements
  • Assisting credit managers with preparation of credit packs, documentation and final delivery
  • Promoted to the level of Manager within 10 months of joining

Education

JAIIB: Associate Examination -

Indian Institute of Banking and Finance
01.2006

Masters of Business Administration - Finance & Marketing

Lal Bahadur Shashtri Institute of Management
New Delhi
01.2005

Company Secretary - ACS

Institute of Company Secretaries of India
New Delhi
01.2003

Bachelor of Law -

Dayanand College of Law
Kanpur
01.2003

Bachelor of Commerce -

Christ Church College
Kanpur
01.2000

Skills

  • Strategic Growth Planning
  • Organizational Strategy
  • Client Relationship Development

References

  • Amit Bagri, Chief Executive Officer, Kotak Mahindra Investments Limited
  • Janak Desai, Erstwhile Head Wholesale Banking, ING Vysya Bank Ltd

Languages

  • English
  • Hindi
  • Punjabi

Personal Information

  • Date of Birth: 07/25/79
  • Marital Status: Married

Timeline

Sr Executive Vice President & National Acquisition Manager

Kotak Mahindra Bank Ltd
04.2023 - Current

Sr Executive Vice President & Zonal Business Manager (South)

Kotak Mahindra Bank Ltd
04.2021 - 03.2023

Executive Vice President & Zonal Business Manager (South)

Kotak Mahindra Bank Ltd
04.2020 - 03.2021

Senior Vice President & Regional Manager (West, Mumbai) – MNCs

Kotak Mahindra Bank Ltd
07.2017 - 03.2020

Senior Vice President & Regional Manager (N&E, New Delhi) – MNCs

Kotak Mahindra Bank Ltd
04.2016 - 06.2017

Vice President & Regional Manager (N&E) – MNCs

Kotak Mahindra Bank Ltd
04.2015 - 03.2016

Regional Head (N&E) – International Clients Group (ICG)

ING Vysya Bank Ltd
05.2013 - 03.2015

Sr Relationship Manager (Head N&E) - International Clients Group

ING Vysya Bank Ltd
04.2011 - 04.2013

Relationship Manager – Corporate Banking (N&E)

ING Vysya Bank Ltd
04.2008 - 03.2011

Manager – Corporate Banking (N&E)

ING Vysya Bank Ltd
05.2006 - 03.2008

Sr Management Trainee – Corporate Banking (N&E)

ING Vysya Bank Ltd
05.2005 - 03.2006

JAIIB: Associate Examination -

Indian Institute of Banking and Finance

Masters of Business Administration - Finance & Marketing

Lal Bahadur Shashtri Institute of Management

Company Secretary - ACS

Institute of Company Secretaries of India

Bachelor of Law -

Dayanand College of Law

Bachelor of Commerce -

Christ Church College

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