Arvind Kumar

Global Sourcing, Procurement & Commercial Governance Leader, Transforming Enterprise Spend, Risk & Compliance, centralized payments, GST compliance. Orchestrated India’s largest banking merger (ING Vysya-Kotak)

Role
Senior Vice President, National Manager -analytics and Technology Projects at Kotak Mahindra Bank
Location
Mumbai, MH, IN
LinkedIn followers
500 followers

About Arvind Kumar

Senior procurement, commercial real estate and finance leader with 30+ years of experience managing multi-crore enterprise spend, risk, and commercial outcomes. Led technology sourcing, digital modernization, vendor governance, and regulatory compliance (RBI, SEBI). Built audit-ready IT procurement, TPRM, payment, and GST frameworks with zero sourcing or payment disruption. Drove core banking transformations, data center revamps, and large AMS rollouts (54 suppliers), leading 60+ cross-functional teams across India and APAC, delivering cost savings and TCO optimization.

Experience

  1. Senior Vice President, National Manager -analytics and Technology Projects

    Kotak Mahindra Bank

    Oct 2021 — Present · Mumbai, IN

    A leading Indian private-sector bank offering diversified financial and banking services. Annual turnover of ₹69,608 Cr- Financial Leadership: Directed ₹69,608 Cr turnover, guided ₹1,360 Cr annual budgets, and managed ₹175 Cr monthly provisions- Cost Optimization: Delivered ₹240 Cr savings, reduced indirect spend by ₹28 Cr, and achieved ₹56.61 Cr savings in bulk SMS sourcing through consolidation and pricing redesign- Operational Excellence: Built centralized E2E procurement, payment, GST, and audit-ready workflows; drove automation and analytics to enhance efficiency- Real Estate Management: Oversaw a ₹10,800 Cr portfolio across 25 properties and 400+ units, managing 300 renewals and transactions annually- Vendor & Compliance: Rationalized SG/HK vendors, negotiated Bio Catch savings of ₹4.11 Cr, and ensured GST/MSME compliance across ~1,800 vendors annually- Leadership & Governance: Led a 74-member team across 1,300+ locations with a ₹66 Cr budget, maintaining audit readiness through robust internal controls.

Education

  • T A Pai Management Institute, Manipal

    Master of Business Administration, Financial Management, International Business & Management

    2003 — 2005

  • CoreNet Global - U.S

    Masters of Corporate Realestate, Strategic Sourcing, Transaction Management, WP strategies, Portfolio Management.

    2018 — 2020

  • SJR College, Racecourse Road, Bangalore

    Bachelor’s Degree, Economics, Sociology, History

    1992 — 1995

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Arvind Kumar — Senior Vice President, National Manager -analytics and Technology Projects at Kotak Mahindra Bank in Mumbai, MH, IN | Unifers