Kotak Mahindra Bank Limited has appointed Anup Kumar Saha as a Whole-time Director on the bank’s board, with effect from March 6, 2026, following RBI approval. The appointment designates him as a Whole-time Director (Executive Director) and a Key Managerial Personnel, and accordingly he will cease to be a Senior Management Personnel of the bank.
Mr. Saha brings more than three decades of professional experience across financial services. At Kotak, he has been serving as a Whole-time Director-designate and a Senior Management Personnel, overseeing Consumer Banking, Marketing and Data Analytics functions, and driving the bank’s customer-first agenda and digital-innovation efforts. Prior to joining Kotak, he spent nearly eight-and-a-half years at Bajaj Finance Limited, rising from President – Consumer Finance to Deputy CEO for Consumer, MSME, Marketing, Operations & Service and Digital Platform, and ultimately serving as Managing Director & CEO from April 2025 until his resignation in July 2025.
Before Bajaj Finance, Mr. Saha spent 14 years at ICICI Bank Limited, where he led Retail Secured Assets, Business Intelligence, Retail and Rural Collections, Credit Cards, and Retail Structured Finance, and also served as a Nominee Director on the boards of TransUnion CIBIL Limited and ICICI Home Finance Limited. Earlier stints included roles at GE Capital and Bharat Heavy Electricals Limited, building a track record across credit, analytics and customer-facing credit products. He holds a B. Tech degree in Engineering from IIT Kharagpur and an MBA from IIM Lucknow. His appointment reflects Kotak’s emphasis on seasoned leadership to advance its customer-centric and digital strategy.