Billionaire Banker Uday Kotak Hires Ashok Vaswani As New Kotak CEO
Kotak Mahindra Bank, an Indian lender, made an unusual decision by selecting Ashok Vaswani as its new CEO from outside the company. The bank's board submitted the names of K.V.S Manian and Ashok Vaswani for consideration, and the Reserve Bank of India, which approves all senior bank appointments, chose Vaswani...