Shri Uday Kotak
Managing Director and CEO, Kotak Mahindra Bank Limited
Uday Kotak is the Founder and MD & CEO of Kotak Mahindra Bank (Kotak). The Bank has consolidated net worth of around US$7.75 billion and over 50,000 employees. Uday believes that the true measure of performance is value creation. Investors who kept faith with the enterprise over the past 32 years have seen 40% CAGR on their investments.
Today, Kotak is among India’s efficient, high-performing and trusted banks. Uday’s strategy for growth is defined by quality, simplicity and prudence. This conviction and a respectable distance from market exuberance has ensured that the bank is well capitalized and its asset book is of high quality. The group has a global presence with offices in key financial markets. The group’s vision for equitable prosperity extends beyond banking and financial services. The Kotak Education Foundation works with some of India’s most economically depressed communities, attempting to alleviate poverty in a sustainable way through education and livelihood programmes.
Uday is a member of the International Advisory Panel of Monetary Authority of Singapore and the International Advisory Board of the Government of Singapore Investment Corporation (GIC). He has served as Chairman of Securities & Exchange Board of India (SEBI) constituted Corporate Governance Committee, and is Chairman of Advisory Committee on Corporate Insolvency and Liquidation constituted by the Insolvency & Bankruptcy Board of India, and Chairman of Board of Governors of Indian Institute of Management (IIM), Bodh Gaya, among others.
He has been conferred with multiple awards, including the Ernst & Young World Entrepreneur of the Year 2014 Award, ET Business Leader of the Year 2015 Award for Corporate Excellence and Lifetime Achievement Award at the Financial Express Best Banks Award for FY 2015-16.
Uday holds a Bachelor’s degree in Commerce and an MBA from Jamnalal Bajaj Institute of Management Studies, Mumbai.