https://www.reuters.com/business/finance/indias-kotak-mahindra-banks-milind-nagnur-steps-down-coo-cto-2025-01-03/
6 replies (most recent on top)
@cn The entire MC is made of useless Frank friends. Now Taki is replacing with his own useless friends who are worse that Taki is. Never saw this BS in the Yabuki era. This company needs a strong board who has better oversight.
@cj Much as I hate to say it, I have to agree. Hiring from your own circle somehow passes as normal HR practice, and nobody pushes back. In- network hiring to prove their work is a great reason to hire people you trust. Why hire people who might challenge you when you can hire people who laugh at your jokes? Less friction, more nodding, and a standing ovation for every slide.
And people thought Frank’s fondness for his fellow paisans was bad.
Jana Board will be provided this information
OLD NEWS!
Stop creating noises for the stock.
Old news. I saw this the day he joined Fiserv. He resigned from Kotak citing "personal reasons" and landed at Optum within weeks. Guess those personal reasons sorted themselves out fast. I thought this was Dhivya's pick, too.
Must be nice to move from company to company with your buddy gang. It's less a leadership team and more an exec band tour. New logo, same setlist, and the shareholders are stuck buying tickets.