New Delhi: In a time where digital transformation indicates the pace of progress Kotak Mahindra Bank has been quick to capitalise on the shift with the launch of 811 a digital-only app whose name stands for Indias tryst with demonetisation in 2016. Jay Kotak serves as the vice president and co-head of Kotak811. Under Jay Kotaks co-leadership Kotak811 accounted for 72 percent of all new accounts opened by the bank last year. He is a prominent figure in the finance industry. Jay Kotak is the son of Uday Kotak whose net worth of USD 15.2 billion according to Forbes. Uday established Kotak Mahindra Bank. His son Jay is an alumnus of Harvard Business School where he earned an MBA degree. The big learning is trust and reputation really matters for Indians even in digital world” says the eldest son of founder Uday Kotak. We are part of a bank we’re not a fintech. But the way we think about the world is similar to how Cred would think says Jay Kotak to Forbes. If you look at the credit-to-GDP ratio in the U.S. and at the sophistication of their consumer credit industry… The number of people that consume those products and have financed them on a reasonably robust banking system gives me hope that India is getting there and we’re doing a solid job as an industry believes Jay. All you know about Jay Kotak: Jay Kotak serves as the vice president and co-head of Kotak811. Under Jay Kotaks co-leadership Kotak811 accounted for 72 percent of all new accounts opened by the bank last year. He is a prominent figure in the finance industry. Jay Kotak completed his BA in History at Columbia University. Jay worked as a Business Analyst at Mckinsey before joining Kotak811 Jay completed an internship at Goldman Sachs. Jay completed his schooling at the Cathedral and John Connon School from 1993-227. Jay is married to Aditi Arya Kotak former Miss India who won Femina Miss India in 2015. Aditi also represented India at Miss World 2015. She also worked in Indian cinema including in the Telugu film Ism and the Bollywood sports drama 83. However Aditi Arya Kotak quit films in 2021 to pursue an MBA at Yale University till May 2023. In 2024 she co-founded Alumni a platform dedicated to helping students expand their perspectives through global education.