64-year-old Uday Kotak was the CEO of Kotak Mahindra Bank, born on 15th March 1959. He established a multinational company Kotak Mahindra in the 1980s.
Going forward On 22nd March 2003, Kotak Mahindra Finance Ltd. received the banking license from the Reserve Bank Of India and became the first company in India’s corporate history to receive a license from RBI.
The latest news coming from Kotak Mahindra Bank,
“Uday Kotak ceo of kotak mahindra step down as a ceo of kotak mahindra bank”
In the recent news from Kotak Mahindra, Uday Kotak resigned as CEO was a shock for many people as we did not expect him to resign this soon.
“But why did Uday Kotak resign?”
If we see in the upcoming month, Uday Kotak has given some hints about his resignation.
He wrote that,
“Consequently, considering the proximity of these events to the end of my tenure, I thought it appropriate to hand over the baton and stagger the transition”
By reading this statement we can understand that he wants to give his time to his family following his son’s wedding.
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