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Sep 2, 2023 · Uday Kotak, India’s richest banker, resigned Saturday as managing director and chief executive officer of Kotak Mahindra Bank Ltd., giving up the reins earlier than expected to take on the role ...
Sep 2, 2023 · Uday Kotak has resigned as the CEO and managing director of Kotak Mahindra Bank. Dipak Gupta, who is currently the joint managing director, will carry out the chief executive duties until December 31. Uday Kotak took to X, formerly known as Twitter, and wrote, "I am keen to ensure smooth transition by sequencing these departures. I initiate ...
3 days ago · Uday Kotak was born in Mumbai to a family of cotton traders and grew up in a communal home where 60 extended family members shared a single kitchen. The billionaire, who has a master's degree in ...
Sep 2, 2023 · Uday Kotak has resigned as managing director (MD) and chief executive officer (CEO) of Kotak Mahindra Bank, with effect from September 1, 2023. Kotak's resignation comes four months ahead of schedule, and he has cited “personal family commitments” as the reason for the same. In his resignation letter to Prakash Apte, chairman, board of ...
Sep 2, 2023 · RISK AVERSE BANKER. Uday Kotak was given a banking licence in 2003, allowing him to join ICICI Bank, HDFC Bank and others as early private entrants into India's banking sector, which until 1993 ...
Sep 2, 2023 · Uday Kotak, the founder of Kotak Mahindra Bank, has stepped down as the bank's Managing Director and CEO with immediate effect. Kotak, who was due to retire in 2023, is the richest banker in India. During his career, he made significant contributions to the financial services industry and successfully led the acquisition of ING Vysya Bank.
Who is Uday Kotak? 1) Uday Kotak will continue to serve as a non-executive director on the bank's board. The 64-year-old India's richest banker founded Kotak Mahindra Bank in 1985.
