Kotak Mahindra Bank has initiated the search for a new MD and CEO as the current head, Ashok Vaswani, has decided not to seek reappointment after his term ends on December 31. Vaswani cited personal reasons for his decision, which the board has accepted. The bank informed stock exchanges that the selection process will be completed within the regulatory timeline. Vaswani joined the bank on January 1, 2024, after stints at Citigroup and Barclays. https://sambad.in/business/kotak-mahindra-bank-begins-search-for-new-md-and-ceo-12114295 #creator program