Kotak Mahindra Investments announced the leadership change on Thursday. Gandotra’s resignation will take effect after business hours on August 31, 2026, making it a scheduled change rather than an immediate departure from the two stated positions.

Vora’s appointment is due to take effect the following day. The dates announced therefore put the end of Gandotra’s tenure and the start of his successor’s appointment on consecutive days. The report does not describe any arrangements for handing over responsibilities before the change takes effect.

No reason for Gandotra’s resignation has been stated in the supplied report. It also does not provide details about Vora’s professional background, his current position or the terms of his appointment. Beyond the board’s approval and the effective dates, further information about the transition has not been given.

The announcement concerns Kotak Mahindra Investments Limited. It does not state that there is a change in the CFO position at Kotak Mahindra Bank, a distinction readers should keep in mind when referring to the news.