Srishti Sethi

Group Chief Risk Officer at Kotak Mahindra Bank

Speaker

Strategic Risk Management Leader with over two decades of experience establishing and driving Strategic Risk Management, Enterprise Risk, Operational Risk and Compliance frameworks across leading banks and NBFC’s including Kotak Mahindra Bank, Tata Capital, IDFC First Bank, Citibank and ICICI Bank. Proven expertise in Enterprise Risk Management (ERM), ICAAP, Stress Testing, ECL Modeling, Operational Risk Framework and Risk Appetite Framework design to strengthen governance and capital adequacy.

At Kotak Mahindra Bank, spearheading the Overall Risk Management encompassing Enterprise Risk, Credit Risk, Market Risk, Risk Governance, Cyber & Technology Risk, Operational Risk, Fraud Risk and Data Privacy functions. Driving strengthening of the Bank’s risk governance architecture in line with evolving regulatory expectations, including articulation of risk appetite, enhancement of Board / RMC reporting and oversight, and building forward‑looking risk capabilities across credit, market and operational risk domains. Leading transformation of the risk function from process-driven oversight to a technology-enabled, analytics-led capability through strategic initiatives across operational risk assessment, third-party risk governance, and cyber and information risk management.

At Tata Capital, spearheading the Enterprise Risk function, leading the design of stress testing policy and scenarios, development of UCIC logic and SoD frameworks and formulating board-level risk policies in line with evolving regulatory guidelines. Served as SPOC for RBI inspections and audit reviews and contributed to IPO-related DRHP filings on risk disclosure and governance frameworks.

Previously at IDFC First Bank, built organization-wide Operational Risk and Fraud Frameworks, implemented ERM and SAS-based monitoring tools, and led ICAAP and Stress Testing integration. Earlier roles with Citibank and ICICI Bank shaped strong expertise in control assurance, compliance and customer-facing risk management.

Adept at engaging with Boards, regulators and auditors, fostering a strong risk culture through governance, analytics and automation. Recognized with multiple awards, including the Golden Peacock Award for Best Risk Management (2023) and Master of Risk – Banking & NBFC (CNBC Awards 2022).