Uday Kotak, MD and CEO of Kotak Mahindra Bank Steps Down
Uday Kotak ceased to be the Managing Director and Chief Executive Officer of Kotak Mahindra Bank, owing to his resignation from the post. He will be a Non-Executive Director of the Bank with effect from 1 September 2023.
After resigning as MD, Uday Kotak will be a non-executive Director on the Bank’s board
After leaving his full-time position at Kotak Mahindra Bank, billionaire banker Uday Kotak, the founder of India's fourth largest private sector lender, will become a non-executive board member. Kotak stated that the alignment and dedication of the shareholders, board, and management will help the b
