Tag: uday kotak

MUMBAI: Kotak Mahindra Bank's two whole-time directors, KVS 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.On Saturday, Uday Kotak announced that he is stepping down as MD & CEO of the bankhe founded nearly two decades ago, almost four months before his term ends.While Kotak said that this was aimed at 'sequencing the top exits',...