UDAY KOTAK

Uday Kotak is the executive vice-chairman and managing director of Kotak Mahindra Bank and its principal founder and promoter. From a humble start in trade finance, Uday built one of India's largest financial institutions. In 1985, when he was still in his early twenties, Kotak thought of setting up a bank when private Indian banks were not even seen in the game.
First Kotak Capital Management Finance Ltd (which later became Kotak Mahindra Finance Ltd), and then with Kotak Mahindra Finance Ltd, Kotak became the first non-banking finance company in India's corporate history to be converted into a bank. Over the years, Kotak Mahindra Group grew into several areas like stock broking and investment banking to car finance, life insurance and mutual funds. He is married and has two children.