Former Bajaj Finance MD Anup Kumar Saha Appointed Whole-time Director at Kotak Mahindra Bank

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Kotak Mahindra Bank has chosen Anup Kumar Saha to become a Whole-time Director. His appointment still needs approval from banking regulators. Until those approvals come through, he will work as Whole-time Director (Designate) and will be part of Kotak’s senior management starting January 12, 2026.

He will be part of the bank’s senior leadership team and will handle consumer banking and digital services—basically, products and services used by everyday customers, especially through digital platforms.

Anup Kumar Saha Professional Experience:

  • Anup Kumar Saha spent eight years at Bajaj Finance.

  • He played a key role in making it one of India’s leading consumer finance companies.

  • During his time there, the company’s customer base grew to 100 million.

  • Bajaj Finance also expanded its range of products under his leadership.

  • Before joining Bajaj Finance, Saha worked at ICICI Bank for 14 years.

  • He held senior positions at the bank.

  • He gained strong experience in retail banking, data analytics, and digital transformation.

At Kotak, Saha will be responsible for Consumer Banking, Marketing, and Data Analytics. His role will focus on improving customer experience, using data better, and driving digital innovation.

Kotak’s Chairman and CEO said that Saha’s strong experience in growing businesses, using data effectively, and improving customer experience will help make the bank even stronger. Saha, in his own statement, said he is excited to drive innovation, build deeper relationships with customers, and create long-term value for all stakeholders.