Kotak Mahindra Bank Appoints Anup Kumar Saha as Whole-time Director
Filing Summary
Kotak Mahindra Bank has announced the appointment of Anup Kumar Saha as Whole-time Director, effective January 12, 2026, pending regulatory approvals. Saha, previously Managing Director at Bajaj Finance, will oversee Consumer Banking, Marketing, and Data Analytics at Kotak. His role will focus on customer-centric transformation and digital innovation. Saha’s extensive experience includes 14 years at ICICI Bank in senior leadership roles. This appointment is part of Kotak’s strategy to enhance its leadership team and drive growth in the financial sector.
Kotak Mahindra Bank has announced the appointment of Anup Kumar Saha as Whole-time Director, effective January 12, 2026. This appointment is subject to regulatory approvals. Until then, Saha will serve as Whole-time Director (Designate) and join the Senior Management team.
Saha previously held the position of Managing Director at Bajaj Finance, where he contributed significantly to the company’s growth in consumer finance. His tenure at Bajaj Finance included leading business transformation, digital innovation, and customer-focused strategies. Saha expanded the customer base to 100 million and diversified the product portfolio.
Before his role at Bajaj Finance, Saha spent 14 years at ICICI Bank in senior leadership roles. His expertise includes consumer and retail banking, data analytics, and digital transformation. At Kotak, Saha will oversee the Consumer Banking, Marketing, and Data Analytics functions.
The appointment of Saha is part of Kotak’s strategy to reinforce its leadership depth and focus on customer-centric transformation, digital innovation, and data-led strategies. The Chairman of the Board, CS Rajan, and MD & CEO, Ashok Vaswani, have expressed their support for Saha’s appointment, highlighting his leadership in scaling businesses and driving digital transformation.
Kotak Mahindra Bank, established in 1985, is a leading diversified financial services conglomerate in India. The Group offers a wide range of financial solutions across banking, lending, capital markets, asset management, and protection. Kotak focuses on delivering value to its stakeholders through customer-centric strategies and innovation.