Kotak Mahindra Bank Names Anup Kumar Saha CEO

Kotak Mahindra Bank has announced that central bank approval has been granted for Anup Kumar Saha to assume the role of chief executive officer. Saha will begin his three-year term in January, succeeding Ashok Vaswani as head of India's fourth-largest private lender.

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A man walks past the Kotak Mahindra Bank branch in New Delhi, India, September 6, 2017. REUTERS/Adnan Abidi

Kotak Mahindra Bank named insider Anup Kumar Saha as its next chief executive after central bank approval. The appointment comes as the fourth-largest private lender in India seeks to accelerate retail growth.

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