Kaku is the President and Country Head (India) of Bank of America Merrill Lynch. She has extensive industry knowledge and markets expertise with over two decades of experience in the Indian financial markets. Prior to Bank of America, Kaku worked with JP Morgan India and DSP Merrill Lynch. Kaku is a member of the National Executive Board of AMCHAM, India (American Chamber of Commerce) and Chairperson of its Western Chapter.
Nakhate was born in 1967 in India. She completed her graduation from the Poddar College, Mumbai University with a Bachelor of Commerce. In 1988, she completed her Masters in Management Studies in Finance from the Narsee Monjee Institute of Management Studies in Mumbai.
Nakhate started her career with DSP Merrill Lynch Limited in 1989. She got promoted to the head of Global Markets. After working for nineteen years in DSP and DSPML, Nakhate became the Vice Chairperson of JP Morgan India in 2009. Kaku got appointed as Head of Indian Operations in 2010 at Bank of America Corporation.
Ms. Kaku Nakhate has been Country Head Of India of BofA Merrill Lynch (formerly, Merrill Lynch & Co., Inc) since March 2010. Ms. Nakhate served as Vice Chairperson of Indian Operations at JPMorgan Chase & Co. since April 29, 2009. Previously, she served as Head of Equities for the Indian Unit of BoA Merrill Lynch since 2006 until April 2009. She served as Non-Executive Chairman of DSP Merrill Lynch Limited until June 24, 2013 and served as its Director since September
Kaku Nakhate has received many honours over the years for her tremendous achievements in the Finance Industry. In 2011, she was named one of the ‘Top 20 Women in Finance’. She was listed in ‘Most Powerful Women 2010’ by Business Today. In 2011, she was named one of the ‘Fortune India’s 50 Most Powerful Women in Business’. She received ‘Deal of the year’ from CNBC-TV 18 CFO Awards in 2013.