Addressing a press conference to provide a six-month update, chairman Uday Kotak said that the board has strengthened the management by appointing C S Rajan as managing director and bringing in chief executives for various verticals. Vineet Nayyar has been repositioned as executive vice-chairman. “We have a solid management team to manage the resolution process,” said Kotak.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2G399UY
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