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Kotak Mahindra Bank board approves Ashok Vaswani's appointment as MD & CEO
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Kotak Mahindra board on Friday approved Ashok Vaswani's appointment as MD & CEO for a period of three years with effect from January 1, 2024.
The bank received Reserve Bank of India’s nod for the appointment in October.
Vaswani has more than three decades of experience in the banking sector. He was Chief Executive Officer of Barclays Bank, UK, and subsequently CEO of their global consumer, private, corporate and payments businesses.
Prior to that, he was CEO, Citigroup Asia Pacific and Member of the Citigroup Global Operating & Management Committees.
The appointment of Vaswani is following the resignation of Uday Kotak as the MD and CEO of Kotak Mahindra Bank in September.
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