The board of directors of Kotak Mahindra Bank has redesignated Uday Kotak as Managing Director and Chief Executive Officer. The Bank headquarters in.....

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The board of directors of Kotak Mahindra Bank has redesignated Uday Kotak as Managing Director and Chief Executive Officer. The Bank headquarters in____

A	New Delhi
B	Mumbai
C	Chennai
D	Kolkata

Explanation:

Detailed explanation-1: -Uday Kotak, aged 62 years, holds a Bachelor’s degree in Commerce and a MMS degree from Jamnalal Bajaj Institute of Management Studies, Mumbai and was appointed as a Director on 21st November, 1985. He is the Managing Director & CEO of the Bank and also its promoter.

Detailed explanation-2: -Detailed Solution. The correct answer is Uday Kotak. Mr.

Detailed explanation-3: -Uday Kotak has been leading the bank since its inception as a non-banking financial institution in 1985. Kotak Mahindra Bank’s board has engaged consulting firm Egon Zehnder to lead a global search for a chief executive officer to replace its billionaire founder Uday Kotak, people with knowledge of the matter said.

Detailed explanation-4: -Directors of Kotak Mahindra Asset Management Company Limited are Sanjiv Malhotra, Nalin Mansukhlal Shah, Krishnakumar Natarajan, Anjali Bansal, Uday Suresh Kotak, . Kotak Mahindra Asset Management Company Limited’s Corporate Identification Number is (CIN) U65991MH1994PLC080009 and its registration number is 80009.

There is 1 question to complete.