Dr. Deepak Kalambkar has been appointed as Deputy Vice President at Kotak Mahindra Bank

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Dr. Deepak Kalambkar has been appointed as Deputy Vice President at Kotak Mahindra Bank, marking a significant leadership addition to the bank’s compliance and audit governance framework. In this elevated role, he will spearhead critical compliance audits, strengthen internal governance mechanisms, and enhance the organization’s overall training architecture. His deep expertise in information security and regulatory compliance positions him as a key driver of the bank’s risk-management transformation.

With more than 13 years of diverse experience across cybersecurity, IT governance, audit readiness, and regulatory frameworks, Dr. Kalambkar brings a strategic blend of technical knowledge and leadership acumen. At Kotak Mahindra Bank, he will lead teams responsible for managing compliance workflows, improving operational controls, and ensuring alignment with evolving industry and regulatory guidelines. His ability to translate complex compliance requirements into practical, scalable processes will be central to the bank’s governance roadmap.

Prior to this, he served as Director – Information Security at FlexM, where he played a pivotal role in designing compliance structures for fintech operations and strengthening risk and governance programs. His contributions included leading key cybersecurity initiatives, overseeing audit preparedness, and building frameworks that supported robust, secure, and compliant financial operations.

His earlier tenure as Sr. Manager – ITG Vertical / vCISO at AQM Technologies showcased his ability to navigate high-stakes environments supporting major institutions like Bandhan AMC and QNB Bank. There, he drove ISO 27001 implementations, managed GRC and ISMS operations, executed cybersecurity audits, and led client engagements that successfully achieved compliance certifications. His responsibilities also extended to VAPT, vendor coordination, gap analysis, and end-user awareness programs, all of which reinforced his standing as a trusted compliance leader.

Beyond this, Dr. Kalambkar has held impactful roles at SafexPay, Marvel Data Services LLP, and Progressive Infotech, managing large-scale IT infrastructure, ensuring PCI-DSS and ISO compliance, leading governance initiatives, and collaborating closely with C-suite leadership. His reputation for building high-performing teams, enhancing audit maturity, and delivering award-winning security frameworks reflects a career dedicated to excellence in audit, security, and governance.

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