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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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

07 Jul 2026

IHC and Adani to Invest US$11.5 bn in Odisha Aluminium Project

Abu Dhabi's International Holding Company (IHC) will invest US$11.5 bn in an integrated aluminium project in the eastern Indian state of Odisha in a joint venture with the Adani Group, a state official said. The official said the announcement represented the country's largest foreign investment in mining and metallurgy. Officials said the venture would span both mining and metallurgical activities across several facilities in the state. The project has been described as integrated, encompassing upstream bauxite extraction and downstream smelting and metallurgy, and is intended to develop a com..

Infrastructure Transport

07 Jul 2026

Air India and SIAEC to Explore MRO Joint Venture in India

Air India and SIA Engineering Company (SIAEC) have signed a memorandum of understanding (MoU) to explore the formation of a maintenance, repair and overhaul joint venture in India. The MoU, signed on Friday, will examine collaboration to develop India as a global aviation MRO hub and to serve growing needs across the Indian and regional markets. SIA Engineering Company, part of the Singapore Airlines Group which holds a 25.1 per cent stake in Air India, will bring technical expertise alongside Air India's established airline operations network. The partnership builds on existing cooperation be..

Infrastructure Transport

07 Jul 2026

Assam and Centre Review Aviation Projects Push Silchar Airport Approval

Assam and the Centre on Thursday, July two reviewed a series of aviation infrastructure projects aimed at strengthening air connectivity across the state, with the proposed greenfield airport at Silchar emerging as a key priority. The review formed part of broader efforts to position Assam as a major aviation and logistics hub for the north east. Officials outlined timelines and preparatory work that they said would guide the next stages of project approvals. The Chief Minister met the Union Civil Aviation Minister at Rajiv Gandhi Bhavan in New Delhi and described the meeting as very productiv..