Uday Kotak springs a surprise, quits as CEO 4 months before term-end

Uday Kotak, Asia’s richest banker by virtue of being the founder of Kotak Mahindra Bank, which he led for nearly two decades, on Saturday announced that he was stepping down as its managing director and CEO four months before the end of his term. The high-profile banker’s decision to become a non-executive director came as … Read more