Bandhan Bank announced that Ratan Kumar Kesh will serve as interim managing director (MD) and chief executive officer (CEO), effective July 10, following a board meeting on Saturday.
The appointment will last three months or until a new MD & CEO takes office.
The Reserve Bank of India (RBI) has approved Kesh’s appointment. He currently holds the position of executive director (ED) and chief operating officer (COO) at the bank.
Chandra Shekhar Ghosh, the current MD & CEO, will retire on July 9, after leading the Kolkata-based lender since July 10, 2015.
Upon his retirement, Ghosh will play a strategic role at Bandhan Financial Services Ltd (BFSL), which owns 40% of the lender and has stakes in life insurance and mutual fund ventures.
Kesh’s appointment is subject to the approval of the bank’s shareholders, the lender said. He had previously held positions in several private sector lenders, including ICICI Bank, HDFC Bank, YES Bank, and Axis Bank.
Before entering the banking sector, he gained experience at the Aditya Birla Group and RPG Group.
Kesh holds a degree in mechanical engineering from NIT Durgapur and has completed his Post Graduate Diploma in Business Management from NMIMS, Mumbai.
Note: We are also on WhatsApp, LinkedIn, Google News, and YouTube, to get the latest news updates, Subscribe to our Channels. WhatsApp– Click Here, Google News– Click Here, YouTube – Click Here, and LinkedIn– Click Here.
