loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Open ICICI
3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

+91

BLOG

RBI has approved the appointment of Anup Kumar Saha as MD & CEO of Kotak Mahindra Bank

ICICIdirect Research 01 Oct 2026 DISCLAIMER

News: As per exchange filings, RBI has approved the appointment of Anup Kumar Saha as MD & CEO of Kotak Mahindra Bank for a three-year term effective January 1, 2027, with the Board to complete formalities and seek shareholder approval. Anup Saha, currently Whole-time Director (Executive Director), joined Kotak in January 2026 and has since March overseen the Retail Bank, Government Business, Data Analytics and Marketing. He brings over 32 years of professional experience, including 25 years across banking and NBFCs. Prior to Kotak, he spent over eight years at Bajaj Finance, where he held several senior roles across consumer finance, MSME, digital platforms and operations, eventually becoming MD & CEO.

View:  We see the appointment as positive for Kotak Mahindra Bank, as it resolves the leadership transition with an internal candidate who already has operating visibility across the bank’s key retail and analytics businesses, while bringing strong execution experience from consumer finance and MSME. His background is particularly relevant as Kotak looks to accelerate retail growth, digital execution, customer acquisition and operating leverage.

Impact: Positive

Download
ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download
ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere