Uday Kotak appointed as CII President; to replace Vikram Kirloskar
Uday Kotak, who was also the President-Designate of CII for the last two years, will replace Vikram Kirloskar, Chairman and MD of Kirloskar Systems
- Jun 3, 2020,
- Updated Jun 3, 2020 4:12 PM IST
Veteran banker Uday Kotak has been appointed as the new President of the Confederation of Indian Industry (CII) for 2020-21, the chamber said on Wednesday. Uday, who was also the President-Designate of CII for the last two years, will replace Vikram Kirloskar, Chairman and Managing Director of Kirloskar Systems Ltd, and Vice Chairman of Toyota Kirloskar Motor.
Besides, T V Narendran, CEO and Managing Director of Tata Steel, has been appointed as the President Designate of CII for 2020-21. Among others, Sanjiv Bajaj, Chairman and Managing Director of Bajaj Finserv, has been named as the Vice President of the apex industry body.
Founder and Managing Director & CEO of Kotak Mahindra Bank, Uday Kotak has been associated with the CII for over two decades. The consolidated net worth of Kotak is over Rs 74,000 crore and Kotak Mahindra Group has over 71,000 employees.
In April, Kotak Mahindra Bank announced that Uday Kotak will take a notional salary of only Re 1 for the financial year 2020-21, amid COVID-19 pandemic.
Uday is recipient of the 'Ernst & Young World Entrepreneur of the Year Award' in 2014, 'Economic Times Business of the Year Award' in 2015, 'Businessman of the Year 2016' by Business India, 'Lifetime Achievement Award at Financial Express' Best Banks' Awards 2016, 'USIBC Global Leadership Award' at the 2018 India Ideas Summit organised by the U.S.-India Business Council, 'Life Time Achievement Award' at Magna Awards 2019 by Businessworld and 'Best CEO in Banking Sector' by the Business Today Best CEO Awards 2019.
Uday holds a Bachelor's degree in Commerce from Mumbai University and a Master's in Management Studies degree from Jamnalal Bajaj Institute of Management Studies, Mumbai.
Veteran banker Uday Kotak has been appointed as the new President of the Confederation of Indian Industry (CII) for 2020-21, the chamber said on Wednesday. Uday, who was also the President-Designate of CII for the last two years, will replace Vikram Kirloskar, Chairman and Managing Director of Kirloskar Systems Ltd, and Vice Chairman of Toyota Kirloskar Motor.
Besides, T V Narendran, CEO and Managing Director of Tata Steel, has been appointed as the President Designate of CII for 2020-21. Among others, Sanjiv Bajaj, Chairman and Managing Director of Bajaj Finserv, has been named as the Vice President of the apex industry body.
Founder and Managing Director & CEO of Kotak Mahindra Bank, Uday Kotak has been associated with the CII for over two decades. The consolidated net worth of Kotak is over Rs 74,000 crore and Kotak Mahindra Group has over 71,000 employees.
In April, Kotak Mahindra Bank announced that Uday Kotak will take a notional salary of only Re 1 for the financial year 2020-21, amid COVID-19 pandemic.
Uday is recipient of the 'Ernst & Young World Entrepreneur of the Year Award' in 2014, 'Economic Times Business of the Year Award' in 2015, 'Businessman of the Year 2016' by Business India, 'Lifetime Achievement Award at Financial Express' Best Banks' Awards 2016, 'USIBC Global Leadership Award' at the 2018 India Ideas Summit organised by the U.S.-India Business Council, 'Life Time Achievement Award' at Magna Awards 2019 by Businessworld and 'Best CEO in Banking Sector' by the Business Today Best CEO Awards 2019.
Uday holds a Bachelor's degree in Commerce from Mumbai University and a Master's in Management Studies degree from Jamnalal Bajaj Institute of Management Studies, Mumbai.