Mr. Anup Kumar Saha appointed as Whole Time Director (Executive Director) of Kotak Mahindra Bank
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Mr. Anup Kumar Saha has been appointed as an Additional Director and a Whole-time Director of Kotak Mahindra Bank (to be designated as Whole-time Director (Executive Director). The appointment is for a period of three years. Mr. Saha will also be a Key Managerial Personnel of the Bank, once his appointment as Whole-time Director takes effect.
Profile of Mr. Anup Kumar Saha
Mr. Anup Kumar Saha has over 32 years of professional experience, of which 25 years have been in financial services across banking and non-banking financial institutions. Prior to Kotak Mahindra Bank Limited, Mr. Saha was associated with Bajaj Finance Limited (BFL) from October 2017 to January 2026, where he progressively held senior leadership roles. He started as President – Consumer Finance from October 2017 to March 2019, then served as Deputy CEO – Consumer, MSME, Marketing, Operations & Service and Digital Platform from April 2019 to March 2022.
He was appointed Executive Director from April 2022 to March 2024, followed by Deputy Managing Director from April 2024 to March 2025, and finally served as Managing Director & CEO from April 2025 until his resignation in July 2025. During his Executive Directorship roles at BFL, Mr. Saha was responsible for the entire standalone business of the company.
Before joining BFL, Mr. Saha spent 14 years at ICICI Bank Limited from May 2003 to June 2017, where he held several senior positions and led functions such as Retail Secured Assets, Business Intelligence, Retail and Rural Collections, Credit Cards, and Retail Structured Finance. He also served as a Nominee Director of ICICI Bank on the boards of TransUnion CIBIL Limited and ICICI Home Finance Limited.
Earlier in his career, Mr. Saha worked with GE Capital from 1999 to 2003, handling credit cards sales and analytics. He also worked with Bharat Heavy Electricals Limited from 1991 to 1995 in production engineering, after a brief stint in consumer durable sales.
Mr. Saha holds a B.Tech degree in Engineering from IIT Kharagpur and has also completed an MBA from IIM Lucknow.
