Stories
Anup Kumar Saha Appointed New MD & CEO of Kotak Mahindra Bank
M
Moneycontrol•01-10-2026, 08:34
Anup Kumar Saha Appointed New MD & CEO of Kotak Mahindra Bank
- •Kotak Mahindra Bank announced the appointment of Anup Kumar Saha as its new Managing Director and CEO, effective January 1, 2027, for a three-year term.
- •Saha, who joined the bank in January 2026, currently serves as a whole-time director overseeing retail banking, government business, data analytics, and marketing.
- •Before joining Kotak, Saha held several senior leadership positions at Bajaj Finance.
- •Ashok Vaswani, the current MD and CEO, expressed confidence in Saha's leadership to deepen customer relations and drive the bank forward.
- •Anup Kumar Saha stated his commitment to deepening customer relationships, executing tirelessly, and building sustainable value for all stakeholders.
Key Questions Answered
Kotak Mahindra Bank has appointed Anup Kumar Saha as its new Managing Director and CEO. He will serve a three-year term starting from January 1, 2027.
Anup Kumar Saha joined Kotak Mahindra Bank in January 2026 as a whole-time director and executive director, overseeing retail banking, government business, data analytics, and marketing functions. Before joining Kotak, he held senior leadership roles at Bajaj Finance.
Ashok Vaswani currently serves as the Managing Director and CEO of Kotak Mahindra Bank, and his departure coincides with the end of his term leading up to the transition.
