Kotak Mahindra Bank Appoints Anup Kumar Saha as MD & CEO

Kotak Mahindra Bank's Board of Directors has appointed Mr. Anup Kumar Saha as the Managing Director & CEO for a three-year term, effective January 1, 2027. This appointment is subject to shareholder approval and was previously cleared by the Reserve Bank of India. Additionally, Ms. Ashu Suyash has been re-appointed as an Independent Director for a second three-year term, commencing January 24, 2027. Both individuals are confirmed not to be debarred from holding directorships. The board meeting also discussed other business matters.