Archive · 12 Jan 2026
Anup Saha Joins Kotak as Director
Anup Kumar Saha, who used to be the head of Bajaj Finance, has joined Kotak Mahindra Bank as a Whole-time Director.
He will start this new job on January 12, 2026, but only after getting approval from the regulators.
At Kotak, he will help with things like customer banking, marketing, and using data to make better decisions.
Before Bajaj, he worked at ICICI Bank for a long time.
The bank is happy to have him because he is good at making businesses grow and using technology to help customers.
He will help Kotak become even better at serving its customers.
Kotak Mahindra Bank's shares were slightly down on the day of the announcement.
Anup Kumar Saha, former MD of Bajaj Finance, joins Kotak Mahindra Bank as Whole-time Director.
Appointment subject to regulatory approval, effective January 12, 2026.
Saha will oversee Consumer Banking, Marketing, and Data Analytics functions.
He has extensive experience in business transformation, digital innovation, and customer-focused strategies.
Kotak Mahindra Bank aims to strengthen its leadership team and drive customer-centric transformation with this appointment.
- Who
- Anup Kumar Saha, former MD of Bajaj Finance
- What
- Joined Kotak Mahindra Bank as Whole-time Director
- When
- Effective January 12, 2026 (subject to regulatory approval)
- Where
- Kotak Mahindra Bank
- Why
- To strengthen leadership team and drive customer-centric transformation, digital innovation, and data-led strategies
- Name
- Anup Kumar Saha
- Previous Role
- Managing Director, Bajaj Finance
- New Role
- Whole-time Director, Kotak Mahindra Bank
- Effective Date
- January 12, 2026 (subject to regulatory approval)
- Key Responsibilities
- Consumer Banking, Marketing, Data Analytics
- Experience
- 14 years at ICICI Bank, 8 years at Bajaj Finance
- Stock Performance
- Kotak Mahindra Bank shares down 0.45% at Rs 2117.15 on BSE
Sources
Anup Kumar Saha, former managing director of Bajaj Finance who quit a few months ago, has joined Kotak Mahindra Bank
Kotak Mahindra Bank Names Anup Kumar Saha As Whole-Time Director, Bringing 32 Years Of Leadership Experience
Kotak Mahindra Bank appoints ex-Bajaj Finance MD Anup Saha to lead consumer banking
