Saha will begin his three-year contract on 1 January, succeeding Ashok Vaswani, whose term as CEO ends on 31 December.
Anup is currently Whole-time Director (Executive Director) of Kotak Mahindra Bank. He joined the Bank in January 2026 and since March 2026 has overseen the Retail Bank, Data Analytics and Marketing function.
Saha has over 32 years of professional experience, of which, 25 years has been in financial services across banking and non–banking financial institutions. Prior to joining the Bank, Saha was associated with Bajaj Finance. He also spent 14 years at ICICI Bank.
“Anup brings with him extensive experience across banking and financial services and has already been actively engaged with the Bank’s businesses in his current role. As the Bank continues to build on its strong foundations we look forward to Anup’s leadership in strengthening the franchise and in pursuing sustainable growth,” C. S. Rajan, Chairman, Kotak Mahindra Bank said in a statement.
“Anup is a seasoned financial services leader with deep experience across businesses, customer segments and operating functions. Since joining Kotak, he has worked closely with our teams and demonstrated a clear understanding of the opportunities ahead. I am confident that Anup will build on Kotak’s strong foundations, deepen its customer relationships and lead the Bank forward with purpose and discipline,” Ashok Vaswani said.
“Kotak has a strong franchise, a trusted brand and talented teams across the organisation. I look forward to working with my colleagues to deepen customer relationships, tirelessly execute and build sustainable value for shareholders and all our stakeholders. We will remain firmly focused on doing the right thing and getting it right by the customer,” Saha said.
