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The Reserve Bank has approved the proposal to appoint Partha Pratim Sengupta as Managing Director (MD) and Chief Executive Officer (CEO) of Bandhan Bank for three years. Bandhan Bank said in a filing to the stock exchanges that Sengupta's three-year tenure will be counted from the date of assuming charge.
New Delhi. The Reserve Bank of India has approved the proposal to appoint Partha Pratim Sengupta as Managing Director (MD) and Chief Executive Officer (CEO) of Bandhan Bank for three years. Bandhan Bank said in a filing to the stock exchanges that Sengupta's three-year tenure will be counted from the date of assuming charge. The Reserve Bank of India, vide its letter dated October 8, 2024, has given pre-approval of the appointment of Sengupta to this post.
The bank said Sengupta will replace the bank's founder MD and CEO Chandrashekhar Ghosh, who stepped down from the post on July 9. Currently, Ratan Kesh, an executive director of the bank, is working as the interim MD and CEO. Sengupta has been the MD and CEO of public sector Indian Overseas Bank. He has vast experience in both retail and corporate banking sectors.
Disclaimer: Prabhasakshi has not edited this news. This news has been published from PTI-language feed.
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