Uday Kotak ’s Net Worth: Uday Suresh Kotak is the billionaire founder of Kotak Mahindra Bank, now serving as a non-executive director after stepping down as CEO in September 2023. His son, Jay Kotak , succeeded him as CEO of digital banking. Jay holds a degree in History and Economics from Columbia University and an MBA from Harvard Business School. Uday Kotak resigned as the CEO and managing director of Kotak Mahindra Bank, announcing that he cherished his journey as its founder for 38 years and now "it is time to move on". Kotak Mahindra Bank 's founder Uday Kotak on Saturday stepped down as the Managing Director and Chief Executive Officer of the bank with immediate effect. Kotak was due to retire on December 31, 2023. The 64-year-old skilled banker had started his journey in the 80s. Spurning his family's trading business, Uday Kotak started a finance firm in 1985 then went on to convert it into a bank in 2003. His Kotak Mahindra Bank is now among India's top four banks in...
