Ashok Vaswani is an Indian banker. He was appointed as the MD and CEO of Kotak Mahindra Bank for a period of three years from January 1, 2024. Throughout his career, Vaswani has held notable positions as a retail banker in various global financial institutions.
Contents
Wiki/Biography
Ashok Vaswani was born in 1961 (age 62 years; as of 2023) in Mumbai, Maharashtra. After completing his schooling, he went to Sydenham College of Commerce and Economics, Mumbai, Maharashtra to pursue a bachelor’s degree in Commerce, Economics and Accountancy. He is a Chartered Accountant (CA) and Company Secretary (CS) with a license from Stanford University Graduate School of Business. In his early years in Mumbai, Vaswani wanted to become a spin bowler. Despite losing his father at an early age and his mother’s wish that he go into the medical field, Vaswani chose a career in finance.
Physical Appearance
Hair Color: Salt and Pepper
Eye colour: black
Family
parents and siblings
There is not much information about his parents.
wife and children
His wife’s name is Veena Vaswani who is a businesswoman.
The couple has a daughter named Anushka Vaswani.
livelihood
In 1985, Ashok Vaswani joined AF Ferguson Enterprises in Virginia, United States as its management consultant and worked there until 1987. He then joined Citigroup in June 1999 as Division Executive in Turkey, the Middle East and Africa, overseeing various countries. Regional business. Later, in November 2000, he took up the role of Marketing Director at its CEMEA branch. Ashok Vaswani then held the position of CEO of Citigroup Asia Pacific and was also a member of the Citigroup Global Operating and Management Committees. From June 2007 to February 2010, Ashok Vaswani served as a partner at Brisam Global Partners in New York. Later, in April 2012, he became Chairman of the Retail Committee at the British Bankers Association and held the position until November 2013.
In October 2010, he became part of Barclays Bank and until April 2019 held various CEO positions within the bank, including the role of Chief Executive Officer of Barclays Bank of the UK. During his tenure at Barclays, he demonstrated skill in developing and scaling businesses around the world, guiding effective teams, establishing key partnerships, leveraging advanced technology and achieving substantial financial growth with a clear business vision . Ashok Vaswani started working as a non-executive director at LSEG (London Stock Exchange Group) in June 2021. Then, in July 2022, he took on the role of President at Pagaya Technologies Ltd., an AI company based in the United States and Israel. , In November 2023, the Board of Directors appointed Ashok Vaswani as the Director, Managing Director and CEO of Kotak Mahindra Bank Limited. He was also named as a Key Managerial Personnel. His three-year tenure begins on January 1, 2023, following approval from the RBI. With over three decades of experience in the banking sector, Ashok Vaswani joins Kotak Mahindra Bank after his successful stint in the industry.
Facts/General Knowledge
- Ashok Vaswani once talked about his experience of working in different countries during a media discussion. He said,
I left India with $14 in my pocket and never dreamed of working in so many countries. I took my first flight when I was 21, and I didn’t think my career would allow me to travel and meet so many people.
- In his spare time, he likes to travel to far-flung places, read books, and exercise.
Categories: Biography
Source: vcmp.edu.vn