New Delhi, June 27 (IANS) Private sector lender Kotak Mahindra Bank on Saturday said its Managing Director and Chief Executive Officer, Ashok Vaswani, has decided not to seek reappointment after the completion of his current term on December 31, prompting the board to initiate the process of appointing a new chief executive.In a regulatory filing, the bank said Vaswani informed the board that due to personal reasons, he does not wish to seek reappointment when his current term ends.”The Board ha…
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New Delhi, March 30 (IANS) Vehicle finance company Kotak Mahindra Prime Limited (KMPL) on Monday announced that its Board of Directors has appointed Suraj Rajappan as Managing Director & Chief Executive Officer for a three‑year term effective, June 1, 2026, subject to approval of members.The current MD and CEO, Shahrukh Todiwala, will superannuate on (May 31, 2026) after serving the Kotak Group for over three decades, the release further said.Suraj Rajappan began his career with KMPL and b…