Senior Director, Advocate Pralhad Kokare, has been elected as the Chairman and CA Yashwant Kasar as the Vice-Chairman of Cosmos Cooperative Bank Ltd., on Thursday, in the presence of Assistant Returning Officer Sanjay Raut at the board meeting of the newly elected board members. Both were elected unanimously. The uncontested elections of the board of directors for Cosmos Bank for the period 2025 to 2029 were held recently.

Chairman Kokare has been on the board of directors of Cosmos Bank for the last 20 years. He is an efficient administrator who retired as Joint-Registrar of Co-operative Societies from the State Government. He was the bank's Vice Chairman during 2019-2020 and 2020-2021. He has been heading the bank as chairman since November 2024. For the last 20 years, he has been active on various committees of the directors.

Vice Chairman Kasar is a chartered accountant as well as a member of the Institute of Chartered Accountants of England and Wales, Certified Information Systems Auditor (DISA), Certified in Governance of Enterprise IT (CGEIT), Project Management Professional (PMP), and Fellow of the Association of International Accountants, London. He is the Regional Council Member of the Western India Regional Council (WIRC) of The Institute of Chartered Accountants of India for the term 2019-25. Kasar is an expert in tax laws and finance. He has been a director of Cosmos Bank since 2019. He is also the secretary of Chartered Accountants in Co-operative Banks (CA-COB).