Kaku Nakhate is the President and Country Head India at Bank of America Merrill Lynch India, one of the leading wealth management, capital markets and advisory companies in India. She is responsible for building a market-leading franchise in India, and overseeing its strategy and direction.
Born in 1967, Kaku has a Bachelor of Commerce degree from the Poddar College, Mumbai University. She received a Master’s in Management Studies in Finance from the Narsee Monjee Institute of Management Studies in Mumbai 1988.
Kaku started her professional career in 1989 with DSP Merrill Lynch Limited, and rose to become Head of Global Markets. After worked for 19 years in DSP and then DSPML, in 2009 Kaku moved to JP Morgan India as Vice Chairperson. She was in charge of equities, equity derivatives, futures and options and world securities services franchises in India. After Bank of America took over Merrill Lynch globally in 2010, Kaku has been appointed as Head of Indian Operations at Bank of America Corporation.
Kaku is a member of the National Executive Board of AMCHAM (American Chamber of Commerce) and Chairperson of its Western Chapter. She serves as Non-Executive Chairman, Director and Chairman of Audit Committee of DSP Merrill Lynch Limited since 2010.
Kaku Nakhate was named among the ‘Most Powerful Women 2010’ by Business Today. She was listed in the ‘Top 20 Women in Finance’ in 2011. In 2011, she was named among ‘Fortune India’s 50 Most Powerful Women in Business’. She has been awarded for the ‘Deal of the year’ from CNBC-TV 18 CFO Awards in 2013.
