Kotak Life appoints new CIO Kotak Life Insurance has appointed Sudhakar Shanbag as its chief investment officer (CIO) with effect from December 11. Shanbag, a chartered accountant, has been a part of the Kotak Team in varying capacities. With our current asset under management (AUM) of Rs 5,600 crore, which is projected to cross the Rs 10,000-crore mark in the next 12 months, Sudhakar s role is going to be very critical, Kotak Life Insurance executive director Pankaj Desai. City Union s online product City Union Bank Ltd has launched its online trading product CUB-SHARE-TRADE in association with Geojit BNP Paribas, a ...

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