About Mihir
English
Native or bilingual
Experience
- Kotak Mahindra BankBranch ManagerBANKING AND INSURANCEJanuary 2008 - January 2013 (5 years)Mumbai, IndiaKotak Wealth Management• o Youngest Branch Manager in Kotak Mahindra Bank's history - owned branch P&L, sales targets, cross-selling, and regulatory compliance• o Managed UHNI investment portfolios exceeding ₹100 crores (~$12M) across equities, debt, structured products, and alternatives at Kotak Wealth Management• o Managed corporate client portfolios across five branches - trade forex income, CASA, asset deals, and term deposits• o Cross-functional coordination across Treasury, CPC, Risk, and Process departments for client solutions
- Mckinsey & CompanyConsultant -> Junior Engagement Manager - Banking &BANKING AND INSURANCEJanuary 2013 - January 2016 (3 years)IndiaFinancial Industry: Banking (80%), Technology Services (20%). Functions: Operations (30%), Digital (25%), Change Management (25%), Organisation (20%). O Led large-scale transformation for a leading Indian public sector bank; led productivity improvement for a private sector bank in Indonesia• o Launched mobile application and established PMO for a top-5 Indian mutual fund house; redefined R&T contract terms• o Set up Project Management Office for a leading NBFC; supported operational project management for a multinational financial institution• o Designed and implemented productivity enhancement initiatives for a global multinational IT consulting company
- Piramal GroupStrategy & Chairman's Office -> Head ofBANKING AND INSURANCEJanuary 2022 - January 2025 (3 years)Mumbai, IndiaBusiness Verticals, Piramal Capital & Housing Finance Chairman's Office: Strategic partner to Mr. Ajay Piramal. Developed 3-5 year plans for businesses and investee companies to enhance ROA and ROE. Conducted market mapping, competitor benchmarking, and business proposition development. Led technology implementations (CRM, E-loans, LOS). Built PMOs and change management initiatives for value creation.• o Partnered with CEOs and CXOs of investee companies on strategic planning, performance diagnostics, and turnaround execution O Led end-to-end digital process design and set up Financial Services retail franchise with pan-India distribution• o Prepared board materials, investment committee presentations, and strategic briefing packs for the Chairman Business Head (Housing Finance): Full P&L ownership of Insurance, Alternate Channels, Sales Planning, and Digital Distribution verticals.• o Drove pan-India monthly insurance premium collections exceeding ₹12 crores (~$1.5M); achieved 75% unit penetration within 2 years O Launched productivity initiatives for 6,000+ frontline sales staff; led team of 50+ professionals• o Established 20+ digital lead provider partnerships to leverage external data and reduce customer acquisition costs◦ * Multiple awards for outstanding contributions across Chairman's Office and Housing Finance leadership
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Education
- MBANMIMS UniversityMBA
- B.ComNarsee Monjee College of Commerce & Economics2005B.Com