Mumbai: The JSW Group, a leading diversified conglomerate with interests spanning steel, energy, cement, infrastructure, paints, sports, venture capital, defence and electric vehicles is pleased to announce the elevation of Kaustubh Kulkarni as the group head of banking, with immediate effect. In addition to his existing responsibilities as group head of M&A and strategic financing, Kulkarni will now oversee banking relationships across the group business verticals.

Kulkarni brings over 27 years of experience in banking and finance to his new role. He joined the Group in 2017 as the group head of M&A and strategic financing and has since been instrumental in executing several large strategic acquisitions. Prior to joining JSW, Kulkarni served as MD - debt capital markets at Standard Chartered Bank, India.

"We are delighted to appoint Kaustubh Kulkarni as the Group Head of Banking," said Parth Jindal. "His proven track record in financial management and deep understanding of banking relationships will be invaluable as we navigate our growth trajectory. We are confident that under his leadership, we will optimize our financing strategies to support the Group's ambitious expansion plans."