Banker Uday Kotak assumed office as the president of the Confederation of Indian Industry (CII) for the year 2020-21. He will replace Vikram Kirloskar, who is the chairman and managing director (MD) of Kirloskar Systems Ltd and vice-chairman of Toyota Kirloskar Motor.
Also, T V Narendran, CEO & MD of Tata Steel Limited, is now the president-designate of CII for 2020-21.
Sanjiv Bajaj assumed office as CII vice president for the year 2020-21. He is the chairman and MD of Bajaj Finserv Limited.
Uday Kotak is the MD and CEO of Kotak Mahindra Bank Limited. He is associated with CII for over two decades.
Also, he has served in many capacities in the chamber. Kotak has served as a non-executive chairman of the new IL&FS board to steer the company out of its financial crisis. He served as the chairman of the SEBI panel on corporate governance.
He holds a bachelor’s degree in commerce. He holds an MBA from Jamnalal Bajaj Institute of Management Studies, Mumbai.
