Kotak Mahindra Bank appoints Anup Kumar Saha as WTD

MUMBAI: Kotak Mahindra Bank has added fresh heft to its leadership bench with the appointment of Anup Kumar Saha as whole-time director, signalling a sharper focus on consumers, data and digital momentum.

As per an exchange filing, Saha will join the bank as designate whole-time director from January 12, subject to regulatory and shareholder approvals. He will also become part of the senior management team. At Kotak, he will oversee consumer banking, marketing and data analytics, three engines critical to winning customers in an increasingly competitive banking landscape.

Saha brings with him a track record built at the crossroads of scale and strategy. Most recently, he served as managing director at Bajaj Finserv, where he spent eight years helping shape one of India’s most profitable consumer finance businesses. During his tenure, the group’s customer base surged past the 100 million mark, backed by product expansion and operational rigour.

Before that, Saha clocked 14 years at ICICI Bank, holding senior roles across retail and structured finance. His experience spans consumer lending, analytics-led decision-making and digital transformation, skills that fit neatly with Kotak’s long-term ambitions.

The appointment underlines Kotak Mahindra Bank’s intent to double down on customer-centric growth, sharper marketing and smarter use of data. In a sector where numbers matter as much as trust, Saha’s arrival adds both.