Kotak Mahindra Bank has appointed Anup Kumar Saha as its Managing Director & CEO for a three-year term, effective January 1, 2027. Saha is currently an Executive Director at the bank.
Saha has over 32 years of professional experience, including 25 years in financial services across banking and non-banking financial institutions. He joined Kotak Mahindra Bank in January 2026 and was appointed as a director in March 2026.
In his current role, Saha oversees the entire Retail Bank, Government Business, Data Analytics and Marketing functions.
Before joining Kotak Mahindra Bank, Saha spent nearly nine years at Bajaj Finance Limited, from 2017 to January 2026. He held several senior positions during his tenure, including President, Consumer Finance; Deputy CEO, Consumer, MSME, Marketing, Operations & Service and Digital Platform; Executive Director; Deputy Managing Director; and Managing Director & CEO.
He served as Managing Director & CEO of Bajaj Finance from April 2025 until his resignation in July 2025. During his executive directorship roles at BFL, Saha was responsible for the entire standalone business of the company.
Saha also spent 14 years at ICICI Bank Limited, where he held senior roles across Retail Secured Assets, Business Intelligence, Retail and Rural Collections, and Credit.
He holds a B.Tech degree in Engineering from IIT Kharagpur and an MBA from IIM Lucknow.
