Kotak Mahindra Bank on Monday announced the appointment of former Bajaj Finance managing director Anup Kumar Saha to oversee its consumer banking vertical, strengthening the private lender’s senior leadership team.
Saha has been appointed as a whole time director, subject to regulatory approvals, and will join Kotak Mahindra Bank’s senior management with immediate effect, the bank said in an official statement.
A seasoned finance professional, Saha brings over two decades of experience across retail banking and financial services. Prior to joining Kotak, he spent more than eight years at Bajaj Finance, where he played a key role in driving business transformation, digital innovation and customer centric strategies. He exited the non-banking financial company last year, a few months after being appointed managing director.
During his tenure at Bajaj Finance, Saha helped scale the company’s customer base to over 100 million and led diversification across multiple lending and financial products. His earlier experience includes stints at ICICI Bank, where he worked across various leadership roles.
At Kotak Mahindra Bank, Saha will be responsible for the consumer banking business, along with overseeing marketing and data analytics functions. The bank said his deep understanding of retail finance, data-led growth and innovation will support its efforts to accelerate strategy execution and enhance customer value.
Commenting on the appointment, Kotak Mahindra Bank managing director and CEO Ashok Vaswani said Saha’s leadership experience and strong track record in building scalable, technology driven financial businesses will be a significant addition as the bank sharpens its focus on consumer banking and digital growth.
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