Uday Kotak’s resignation, Ashok Vaswani will take over as the new CEO and MD of Kotak Mahindra Bank. Learn everything there is to know about Kotak Mahindra Bank’s new CEO.
The Reserve Bank of India (RBI) has accepted Ashok Vaswani’s appointment as MD and CEO of Kotak Mahindra Bank (Kotak Mahindra Bank).
Following Uday Kotak’s resignation as CEO and MD of Kotak Mahindra Bank, international banker Ashok Vaswani was named the bank’s new CEO on Saturday.
Despite experts’ predictions that an insider would be appointed to the top leadership position, Kotak Mahindra Bank chose to bring the “Global Indian” back home as its next CEO.
Ashok Vaswani is a world-class leader and banker with a strong focus on digital and customer service. “I am proud that we have brought a “Global Indian” home to help build Kotak and India of tomorrow,” stated Uday Kotak, former CEO and founder.
Ashok Vaswani has extensive knowledge in a variety of fields ranging from artificial intelligence to banking. He has also held the positions of CEO of Citigroup Asia Pacific and Barclays. Here are all the details about Kotak Mahindra Bank’s new CEO.
Everything you need to know about Ashok Vaswani – Ashok Vaswani was the Chief Executive Officer of Barclays Bank in the United Kingdom, and then the CEO of their Global Consumer, Private, Corporate, and Payments operations. He also serves on the Group Executive Committee.
-Prior to it, he was the CEO of Citigroup Asia Pacific and a member of the Citigroup Global Operating and Management Committees.
According to Kotak Mahindra’s BSE filing, he is currently the President of Pagaya Technologies Ltd, a US-Israeli AI Fintech.
-Ashok also serves on the boards of the London Stock Exchange Group and the SP Jain Institute of Global Management in the United Kingdom.
-In addition to a stellar career, Ashok is involved in a number of organizations.
He has also served as the Former Chairman of the British Bankers Association’s Retail Committee, the Former Chairman of the Board of Entercard, the Former Board Member of Telenor, the Former Board Member of VISA Asia Pacific and VISA, UK, the Former Director and Member of the Audit and Technology Committee for Barclays Africa Group Ltd, and the Former Director of UK Finance.
-Ashok holds a Bachelor of Commerce, Economics, and Accountancy degree from the Sydenham College of Commerce and Economics (Bombay University), a CA degree from the Institute of Chartered Accountants of India, and a CS degree from the Institute of Company Secretaries of India.
-He attended the Stanford University Graduate School of Business for Executive Education.
-Ashok grew up in India and married Veena. Their daughter is currently employed in the United States.Pratham and Lend-A-Hand are two charity organizations.