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Kotak Mahindra Bank Appoints Anup Kumar Saha Whole-Time Director

21 January 20261 min read
BANKING & FINANCEKotak MahindraBank Appoints AnupKumar SahaWhole-Time Director21 January 2026safalsetu.com

Why in the news

Kotak Mahindra Bank hired Anup Kumar Saha, previously Managing Director of Bajaj Finance, to its board as a full-time director.

Key facts

  • Appointee: Anup Kumar Saha.
  • Portfolio: consumer banking, marketing and data analytics.
  • Emphasis: customer-focused change, digital innovation and data-driven strategy.

Other appointments in banking and insurance

PostPersonRemark
CEO, HSBC Private BankIda LiuReplaces Georges Elhedery
Interim MD and CEO, Canara BankHardeep Singh AhluwaliaReplaces K. Satyanarayana Raju
CEO, Health Insurance Ecosystem (General Insurance Council)Prakash–
Non-Executive Chairman, India Infoline Finance Limited (IIFL)B.P. Kanungo–

Exam angle

  • Kotak’s new whole-time director: Anup Kumar Saha.
  • Canara Bank interim chief: Hardeep Singh Ahluwalia.

Test yourself

1. Which bank named Anup Kumar Saha, former Bajaj Finance MD, as whole-time director?

Kotak Mahindra Bank appointed him as whole-time director.

2. Who has been named interim MD and CEO of Canara Bank, replacing K. Satyanarayana Raju?

Hardeep Singh Ahluwalia replaced K. Satyanarayana Raju on an interim basis.

3. B.P. Kanungo was named non-executive chairman of which company?

He became Non-Executive Chairman of IIFL.