Uday Kotak was born on 15 March 1959 is an Indian banker; the executive vice chairman and managing director of Kotak Mahindra Bank. In early 1980s, while India was still a closed economy and economic growth was muted, Uday Kotak decided to start out on his own, refusing a lucrative job option from a multinational. Forbes estimated his wealth to be $4.1 billion in 2012. In 2006 he ended a 14 year partnership with Goldman Sachs by acquiring its 25% stake in two subsidiaries for $72 million. In June 2014, he was named Ernst & Young World Entrepreneur of the Year 2014. Over the next few years, he diversified his business into various areas of financial services, establishing a prominent presence in bills discounting, stockbroking, investment banking, car finance, life insurance and mutual funds. On 22 March 2003, Kotak Mahindra Finance Ltd. became the first company in India’s corporate history to receive a banking license from Reserve Bank of India. India Today magazine ranked him #8th in India’s 50 Most powerful people of 2017 list. After completing his MBA, Kotak started Kotak Capital Management Finance Ltd. (which later became Kotak Mahindra Finance Ltd.) From a seed capital of less than US$80,000 borrowed from family and friends, he converted a bill-discounting start-up into a financial services conglomerate with assets of US$19 billion, and the fourth largest private bank by market capitalization in India with over 600 branches. He is married to Pallavi Kotak, has two children and lives in Mumbai.He was the sole Indian Financier to feature in Money Masters: The Most Powerful People in The Financial World, by Forbes magazine, USA. Kotak is a member of the Government of India’s High Level Committee on Financing Infrastructure, the Primary Market Advisory Committee of the Securities & Exchange Board of India, Member of the Board of Governors of the National Institute of Securities Markets and ICRIER. He is also Governing Member of the Mahindra United World College of India, and Member of National Council of CII. Kotak is also a member of the strategic board which advises the national law firm, Cyril Amarchand Mangaldas.
Uday Kotak Biography |Wiki.
| Name | Uday Kotak |
|---|---|
| Nickname | Uday |
| Date Of Birth | 15 March 1959 |
| Age | 58 Years |
| Height | 5'8"(approx.) |
| Weight | 78 Kg(approx.) |
| Eye Color | Black |
| Hair Color | Grey |
| Profession | Founder and chairman of Kotak Mahindra Bank |
| Net Worth | US$10.3 billion |
| TV Serials | Unknown |
| Movie | Unknown |
| School | Unknown |
| College | Sydenham College of Commerce and Economics Jamnalal Bajaj Institute of Management Studies |
| Religion | Unknown |
| Nationality | Indian |
| Home Town | Mumbai, Maharashtra State, India |
| City | Mumbai, Maharashtra State, India |
| Marital Status | Married |
| Fathers Name | Unknown |
| Mothers Name | Unknown |
| Spouse | Pallavi Kotak |
| No. of Children | 2 |
| Girlfriend/Boyfriend | Pallavi Kotak |
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