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Whole-time directors seen to succeed Kotak at bank
Credit: IndiaTimes- Published on September 4, 2023
Kotak Mahindra Bank's two whole-time directors, K V S Manian and Shanti Ekambaram, are seen as key internal contenders to succeed Uday Kotak. The former second-in-command, Dipak Gupta, who has taken charge as interim CEO, is ineligible for a director position because of RBI's cap on tenure for board positions.
Video credit: Rumble
Published on September 3, 2023 - 01:49
Uday Kotak quits as CEO and managing director | World Business Watch | WION
Veteran banker Uday Kotak on Saturday resigned as CEO and managing director of Kotak Mahindra bank, bringing an end to his nearly four-decade-long stint leading the bank, which he founded in 1985. However, he will continue to remain as a non-executive director of the bank.