Kotak Mahindra Bank gets RBI nod to appoint Ashok Vaswani as MD & CEO for 3 years
Kotak Mahindra Bank said that the Reserve Bank of India (RBI) has approved the appointment of Ashok Vaswani as the bank’s next Managing Director & Chief Executive Officer (MD & CEO) following veteran banker and founder Uday Kotak's resignation from the post last month after being associated with the bank for 21 years.
Vaswani's appointment is for a period of three years.
Did you Know
Currently, he is President of Pagaya Technologies Ltd - a US-Israeli AI Fintech.