Uday Kotak is an Indian banker and the executive vice chairman and managing director of Kotak Mahindra Bank. In 2003, Kotak Mahindra Finance became the first company in India to receive a banking license. Forbes estimated Kotak's wealth to be $4.1 billion in 2012. He ended a partnership with Goldman Sachs in 2006 and was named World Entrepreneur of the Year in 2014. Kotak Mahindra Old Mutual Life Insurance is one of the fastest growing insurance companies in India with over 4 million policyholders. It is differentiated by its focus on customer service and suite of protection and savings products.