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Uday Kotak stepped down as MD and CEO on Saturday from an institution that he founded 38 years ago, well ahead of the end of his term, causing anxiety among businesses and investors. In an interview with MC Govardhana Rangan, Bodhisatva Ganguli & Shilpy Sinha, Kotak details his decision to wind up early and the nostalgic journey. ....
Uday Kotak, the founder of Kotak Mahindra Bank, has stepped down as MD and CEO ahead of the end of his term, causing concern among businesses and investors. Kotak reflects on his decision, stating that he wanted to make the succession process smoother and that he had completed his responsibilities. He also emphasizes the importance of institutions over individuals and expresses his confidence in the future growth of the bank. ....