- Jay Kotak, the son of business magnate Uday Kotak, is not a candidate to manage Kotak Mahindra Bank, according to KVS Manian, the company’s Whole-Time Director, in an interview.
- Added he, “Jay is a young man. On the basis of merit, he will have to advance.”
- Since more than 18 years, Kotak has served as the bank’s CEO. His current term will expire in December 2023.
The son of Uday Kotak is not running to lead Kotak Mahindra Bank: Director of the company full-time
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