Kotak successor: 2 whole-time directors seen in race to succeed Uday Kotak ...Middle East

Kotak Mahindra Bank's two whole-time directors, KVS Manian and Shanti Ekambaram, are potential internal candidates to succeed Uday Kotak as the bank's MD & CEO. The former second-in-command, Dipak Gupta, is ineligible due to the RBI's cap on tenure for board positions. The RBI is expected to approve one of the internal candidates before Gupta's term ends. On Saturday, Uday Kotak announced that he is stepping down as MD & CEO of the bank he founded nearly two decades ago.

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