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At Barclays Bank, UK, he has worked as the CEO. Subsequently, he has also worked as CEO of the Global Consumer, Private, Corporate and Payments businesses of the bank. He has also worked as a member of the group executive committee. [4] Presently He joined as CEO for Kotak Mahindra Bank, India.
Uday Suresh Kotak (born 15 March 1959) is an Indian billionaire banker and founder of Kotak Mahindra Bank, where he is a non-executive director. [2] He resigned from his CEO position in September 2023. [ 3 ]
Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai.It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. [6]
Anand was a co-promoter of Kotak Mahindra Bank (formally known as Kotak Mahindra Finance Ltd.). In 2013, he ceased to be a promoter and stayed on as a non-executive director. [26] [27] Today, the Mahindra Group is a US$19 billion organisation and one of India's top 10 industrial houses. [28]
Name Associated company ... Uday Kotak: Kotak Mahindra Bank: References ... Search. Search. Toggle the table of contents. List of Indian entrepreneurs.
The bank had also been ranked the "Safest Banker" by the New Indian Express and among "Top 5 Most Trusted Private Sector Banks" by the Economic Times. [7] On 20 November 2014, in an all-stock amalgamation, ING Vysya Bank decided to merge with Kotak Mahindra Bank, creating the fourth largest private sector bank in India. [8]
Kotak Mutual Fund is an Indian mutual fund that is managed by Mahindra Asset Management Company (KMAMC). KMAMC started operations in December 1998 and as of 2018, had approximately 74 Lakh investors in various schemes. [6] The fund is a wholly-owned subsidiary of Kotak Mahindra Bank.
In October 2011, Evercore and Kotak Mahindra Capital Company Limited ("Kotak Investment Banking") (a subsidiary of Kotak Mahindra Bank Limited), announced that the two firms had entered into an exclusive strategic alliance for cross-border M&A advisory services between India and the United States, the United Kingdom, and Mexico. [8]