IUX24
TopMarketWorldEconomyFinanceTechnologyBusinessPoliticsAnalysis & Opinion

Kotak Mahindra Proposes Two CEO Successors

Kotak Mahindra Bank has submitted two internal candidates to the Reserve Bank of India to succeed CEO Ashok Vaswani when his term ends. Executive directors Anup Saha and Paritosh Kashyap were recommended for the role.

Xurve View
Insights:
A man walks past the Kotak Mahindra Bank branch in New Delhi, India, September 6, 2017. REUTERS/Adnan Abidi

KOTAK MAHINDRA BANK LTD has recommended two internal candidates to succeed Chief Executive Ashok Vaswani, submitting their names to regulators in India for approval. The private lender nominated executive directors Anup Saha and Paritosh Kashyap as Vaswani prepares to step down when his term ends on December 31, 2026. Shares of the bank rose 5% over the last five trading sessions following the leadership announcement.
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.