Anup Kumar Saha, formerly the Managing Director of Bajaj Finance, has been appointed as a Whole-time Director at Kotak Mahindra Bank, with his tenure commencing on January 12, 2026. The appointment is currently subject to necessary regulatory approvals. Until the approvals are in place, Saha will serve as Whole-time Director (Designate) and be part of the bank's senior management. At Kotak Mahindra Bank, Saha is slated to lead crucial areas including consumer banking, marketing, and data analytics. This strategic move is expected to bolster the bank's leadership depth and drive customer-centric transformation, digital innovation, and data-led strategies. Saha brings a wealth of experience from his previous roles. He spent over eight years at Bajaj Finance, where he played a pivotal role in transforming the company into one of India's leading and most profitable non-banking financial companies (NBFCs) in consumer finance. During his tenure, he was instrumental in leading business transformation initiatives, digital innovation, and customer-focused strategies, significantly expanding Bajaj Finance's customer base to 100 million and diversifying its product portfolio. Before joining Bajaj Finance, Saha also dedicated 14 years to ICICI Bank, holding various senior leadership positions and developing deep expertise in consumer and retail banking. His resignation from Bajaj Finance occurred a few months ago, in July 2025, after having served as its Managing Director since April 2025 and previously as Deputy Managing Director. This high-profile executive movement is seen as a significant development in the Indian financial sector, reinforcing Kotak Mahindra Bank's commitment to strengthening its market position and leadership team.