Bengaluru: CoinDCX, India’s largest crypto exchange, has appointed Arvind Kathpalia, former President and Group Chief Risk Officer at Kotak Mahindra Bank, to its Advisory Board—marking a first-of-its-kind move in India’s digital assets industry. A veteran with nearly four decades of global experience across financial services, Kathpalia will guide CoinDCX on strengthening its governance and risk management architecture as it builds for a regulated future.
In his new role, Kathpalia will provide strategic direction on enhancing CoinDCX’s risk governance framework, fostering a robust risk culture, and aligning the company’s internal systems with global standards. He will also advise the leadership team on long-term risk strategies as the company continues to scale responsibly within a rapidly evolving regulatory landscape.
Risk governance has always been central to CoinDCX’s operational philosophy. The exchange became the first in India to register with the Financial Intelligence Unit (FIU) under PMLA, has actively contributed to AML working groups, instituted a Crypto Investor Protection Fund (CIPF), and voluntarily undergoes rigorous third-party audits—setting new benchmarks in consumer safety and compliance for the Indian crypto ecosystem.
The appointment of Kathpalia builds on this foundation. His extensive experience across Kotak Mahindra Bank, Standard Chartered, and ANZ, spanning risk management, technology-led transformation, operational excellence and enterprise strategy, positions him to help CoinDCX bridge the gap between traditional finance and Web3 while future-proofing operations.
Speaking on his new role, Arvind Kathpalia said, “CoinDCX is at the forefront of building a safe and transparent digital asset ecosystem in India, at a time when Indians are rapidly recognizing crypto as a future asset class. As the industry transitions towards a more regulated framework, embedding robust risk governance will be critical. I look forward to working with the team to strengthen this foundation and help CoinDCX scale responsibly.”
Sumit Gupta, Co-founder of CoinDCX, added, “At CoinDCX, protecting customer assets through strong governance and compliance is our highest priority. We are committed to bringing the same level of rigor that traditional finance applies, ensuring our users experience the highest standards of safety and trust. The appointment of Mr. Kathpalia, with his deep expertise in risk management, reinforces our mission to build a resilient, future-ready, and compliant exchange.”
