Brands
Marketing maven climbs the Kotak ladder with promotional panache
MUMBAI: Kanchi Parekh has ascended to vice president marketing at Kotak Mahindra Bank, capping a three-year climb through the private banking heavyweight’s ranks. The April 2025 promotion marks another conquest in her decade-plus march through India’s most competitive financial services sector.
Parekh’s CV reads like a masterclass in brand warfare. Her journey began at Peacock Media (2008-2010), cutting teeth on client management and retail campaigns. A stint at The Indian Express honed her event orchestration skills before the real breakthrough at DHFL, where she managed portfolios worth Rs 89-107 crores whilst delivering a jaw-dropping 458 per cent lift in enquiries and 1,377 per cent increase through direct CRM.
At ItzCash Card, India’s pioneering prepaid card entity, she commanded Rs 6 crores across 65,000 franchisees. Her insurance sector mastery crystallised at Future Generali and HDFC ERGO, where she crafted “always-on” marketing strategies spanning retail, bancassurance, and digital channels. SBI General Insurance elevated her to team lead, polishing her multi-channel expertise.
Kotak clearly spotted a thoroughbred when it hired Parekh as deputy vice president in February 2022. Her swift promotion suggests the investment paid handsome dividends. In an era of soaring customer acquisition costs, having a marketing strategist who navigates B2C and B2B2C channels with equal aplomb is worth its weight in rupees.
Her skill set resembles a marketing Swiss Army knife: campaign management, digital strategy, public relations, employer branding, and analytics—all backed by proven agency management abilities. As India’s financial services sector digitises rapidly, Kotak appears to have secured a marketing general capable of commanding campaigns across every conceivable channel.
For Parekh, vice president represents not just career progression, but validation of a strategy that’s seen her master every major financial vertical whilst building Mumbai’s most versatile marketing reputation.
Brands
Samsung India elevates Aditya Babbar to lead mobile business
Exec takes charge of MX sales and marketing after Raju Pullan’s exit
NEW DELHI: Samsung India has elevated Aditya Babbar to lead its mobile phone business, following the exit of Raju Antony Pullan.
Babbar, who previously served as vice president within the mobile division, has been appointed head of sales and marketing for the MX (mobile experience) business, effective May 1. In his new role, he will oversee the company’s sales and marketing operations for smartphones and related categories in India, reporting to the executive vice president of the MX business.
A long-time Samsung executive, Babbar brings over a decade of experience within the organisation, having held multiple leadership roles across product, marketing and category management. Most recently, he led product marketing and e-commerce for the mobile division, following earlier stints as head of product and marketing and senior director roles.
His career within Samsung Electronics and its India operations has also included responsibilities for flagship devices, tablets and wearables, giving him a broad view of the company’s premium and mass-market portfolio.
Babbar succeeds Pullan, who stepped down from the role, marking a leadership transition at a time when India remains a key battleground for global smartphone makers.
The appointment signals continuity within Samsung’s leadership bench, with an internal candidate stepping up to steer one of its most critical business units in a highly competitive market.
