New blood at Kotak revives old questions of governance
The ballyhoo might be a bit premature because Jay is still not on the board or part of the core senior management group. Technically, neither the RBI nor the board’s nomination and remuneration committee have any oversight over his positions, salaries or even place in the management hierarchy.
The ballyhoo might be a bit premature because Jay is still not on the board or part of the core senior management group. Technically, neither the RBI nor the board’s nomination and remuneration committee have any oversight over his positions, salaries or even place in the management hierarchy.