How to contact Uday Kotak? Uday Kotak Contact Address, Email ID, Website, Phone Number
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Uday Kotak is an Indian billionaire banker and the executive vice-chairman and managing director of Kotak Mahindra Bank. With a net worth of $7.6 billion dollars, he is a self-made Indian businessman. He has not only amassed a vast fortune but also developed a brand name in the banking and investment industries in less than two decades. Kotak Mahindra Bank is currently India’s third-largest private sector bank.
Uday Kotak was born on March 15, 1959, in Mumbai, India. Kotak grew up in a Gujarati joint-family home of 60 families living under one roof and sharing a shared kitchen. Cotton trading was the family’s first company. “Capitalism at work and Socialism at home,” he called it.
Pallavi Kotak, a marathon runner, is his wife. Within two months of dating, they were married. They met for the first time at a party and fell in love. Pallavi encouraged him to start his own business. She may be credited for being the catalyst for his growth. The couple lives in Mumbai with their two daughters. The pair is the parents of two daughters. Jai Kotak is his elder son. Jai graduated from Harvard Business School with a Master of Business Administration – MBA.
Dhawal, the younger sibling, is interested in feeding underprivileged students in the Govandi-Chembur-Deonar belt of eastern Mumbai. Dhaval aspires to feed a million children on a daily basis. Dhaval is a Yale University undergraduate.
Cricket and playing the sitar were two of his favourite pastimes. He revealed in a 2014 interview with NDTV that he was no longer interested in playing the sitar.
His aptitude for mathematics inspired his career choice. Sydenham College awarded him a bachelor’s degree, and Jamnalal Bajaj Institute of Management Studies awarded him a postgraduate degree in management studies in 1982.
Kotak founded Kotak Capital Management Finance Ltd after completing his MBA. He established a financial services conglomerate with assets of US$19 billion and the second largest schedule commercial bank by market capitalization in India (private and PSU) with over 1250 branches from a seed capital of less than US$80,000 borrowed from family and friends.
After sealing a $2.4 billion deal in November 2014 for rival ING Vysya Bank, which is partially owned by Dutch financial services company ING, Kotak almost doubled his fortune in 2014. Shares of his Kotak Mahindra Bank reached an all-time high.
In 2015, Kotak forayed into the general insurance sector, collaborating with Sunil Mittal’s Bharti Airtel to launch a small payments bank. Kotak has reduced his interest in Kotak Mahindra Bank to 30% as of now, as per RBI instructions, he would reduce it to 20% by the end of the year.
With a monthly salary of 27 lakh (US$38,000) in August 2019, he was confirmed to be one of the highest-paid CEOs of any Indian bank.
For the 2020-21 fiscal year, he was elected President of the Confederation of Indian Industry (CII). Kotak is a member of the Government of India’s High Level Committee on Financing Infrastructure, the Securities & Exchange Board of India’s Primary Market Advisory Committee, and the National Institute of Securities Markets’ Board of Governors, as well as ICRIER. He is also a member of the Mahindra United World College of India’s Governing Council and the CII’s National Council. Kotak is also a member of the strategic board that advises Cyril Amarchand Mangaldas, a global law firm.
(1)Full Name: Uday Kotak
(2)Nickname: Not Available
(3)Born: 15 March 1959, Mumbai, India
(4)Father: Not Available
(5)Mother: Not Available
(6)Sister: Not Available
(7)Brother: Not Available
(8)Marital Status: Married
(9)Profession: Chairman, Businessman
(12)Religion: Not Available
(13)Height: Not Available
(14)School: Not Available
(15)Highest Qualifications: Not Available
(16)Hobbies: Not Available
(17)Address: Mumbai, India
(18)Contact Number: Not Available
(19)Email ID: Not Available
(20)Facebook: Not Available
(22)Instagram: Not Available
(23)Youtube Channel: Not Available