Bandhan Bank has appointed Ratan Kumar Kesh as interim managing director (MD) and chief executive officer (CEO). The appointment will be effective from July 10. The appointment will be for three months or until a new MD & CEO assumes office. Kesh’s appointment has been approved by the Reserve Bank of India (RBI). He currently holds the position of executive director (ED) and chief operating officer (COO) at the bank. Chandra Shekhar Ghosh, who is MD & CEO of the bank, is set to retire on July 9, upon completion of his tenure. Ghosh has led the bank since July 10, 2015. Upon his retirement, Ghosh will play a strategic role at the holding company, Bandhan Financial Services Ltd (BFSL), which owns 40 per cent in the bank.
Kesh 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.
Kesh is currently holding the position of Chief Operating Officer and has around three decades of experience across industries. He has held the position of Executive Director and Chief Operating Officer since March 31, 2023. He is leading multiple functions including Technology, Operations, Customer Experience, Transformation, Internal Audit, Recovery, and other support functions. He was part of
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