Kotak Mahindra Bank Names Anup Saha As Whole-Time Director

13 Jan 2026 CW Team

Saha most recently served as Managing Director at Bajaj Finance, where he spent over eight years playing a key role in transforming the company into one of India’s leading and most profitable consumer finance-focused NBFCs. During his tenure, he led large-scale business transformation, digital innovation and customer-centric initiatives, helping expand the customer base to 100 million while diversifying the product portfolio.

Prior to this, Saha spent 14 years at ICICI Bank in senior leadership roles, building extensive expertise across consumer and retail banking, data analytics and digital transformation.

At Kotak Mahindra Bank, Saha will oversee the Consumer Banking, Marketing and Data Analytics functions. His appointment is expected to strengthen the bank’s leadership bench and support its focus on customer-led transformation, digital innovation and data-driven strategies.

Welcoming the appointment, C. S. Rajan, Chairman of the Board at Kotak Mahindra Bank, said Saha’s experience in scaling businesses, driving digital change and building customer-centric organisations would be valuable as the bank continues to strengthen its position in the financial services sector.

Ashok Vaswani, Managing Director and Chief Executive Officer of Kotak Mahindra Bank, said the appointment reflects the bank’s commitment to building a market-leading financial services franchise supported by a strong and experienced leadership team. He added that Saha’s deep understanding of retail finance, innovation and data-led growth would help accelerate the bank’s strategy.

Commenting on his appointment, Saha said he was excited to join Kotak Mahindra Bank and looked forward to working with the leadership team to drive innovation, deepen customer relationships and create long-term value for all stakeholders.

Kotak Mahindra Bank has announced the appointment of Anup Kumar Saha as Whole-time Director, subject to regulatory approvals. Until the approvals are received, Saha will serve as Whole-time Director (Designate) and join the bank’s senior management from 12 January 2026. Saha most recently served as Managing Director at Bajaj Finance, where he spent over eight years playing a key role in transforming the company into one of India’s leading and most profitable consumer finance-focused NBFCs. During his tenure, he led large-scale business transformation, digital innovation and customer-centric initiatives, helping expand the customer base to 100 million while diversifying the product portfolio. Prior to this, Saha spent 14 years at ICICI Bank in senior leadership roles, building extensive expertise across consumer and retail banking, data analytics and digital transformation. At Kotak Mahindra Bank, Saha will oversee the Consumer Banking, Marketing and Data Analytics functions. His appointment is expected to strengthen the bank’s leadership bench and support its focus on customer-led transformation, digital innovation and data-driven strategies. Welcoming the appointment, C. S. Rajan, Chairman of the Board at Kotak Mahindra Bank, said Saha’s experience in scaling businesses, driving digital change and building customer-centric organisations would be valuable as the bank continues to strengthen its position in the financial services sector. Ashok Vaswani, Managing Director and Chief Executive Officer of Kotak Mahindra Bank, said the appointment reflects the bank’s commitment to building a market-leading financial services franchise supported by a strong and experienced leadership team. He added that Saha’s deep understanding of retail finance, innovation and data-led growth would help accelerate the bank’s strategy. Commenting on his appointment, Saha said he was excited to join Kotak Mahindra Bank and looked forward to working with the leadership team to drive innovation, deepen customer relationships and create long-term value for all stakeholders.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..