Private sector lender CSB Bank announced the appointment of Pralay Mondal as its President (Retail, SME, Operations and IT). Mondal is likely to join the private sector lender in September 2020.
Pralay Mondal has recently resigned Executive Director and head of retail banking at Axis Bank. He holds around 30 years of experience in banking sector across multiple business and functions such as retail assets, retail liabilities, business banking, products and technology.
Prior to joining Axis Bank, he was the Senior Group President and Head of Retail and Business Banking at Yes Bank. He was also associated with HDFC Bank for more than a and also worked with Standard Chartered Bank, Wipro InfoTech and Colgate Palmolive.
He is a graduate from IIT, Kharagpur and also holds a management graduate from IIM, Calcutta.
“The bank’s Board was convinced that with his extensive banking background, leadership experience and track record, Mr. Mondal is the right person to help redefine customer experience and the brand promise at CSB, and to contribute significantly to the overall growth of the organization, especially in the retail and SME segments,” said CSB Bank in a statement.
VR Rajendran, CEO, CSB Bank said: “We are delighted and excited with the appointment of Mondal as President (Retail, SME, Operations and IT) and look forward to his playing a key leadership role at the bank. Mr. Mondal is a proven trailblazer who brings strong commercial banking expertise and experience to CSB Bank. He has an excellent track record of having built retail and SME businesses, while maintaining healthy portfolio quality and service levels. I am confident that we have selected the choicest person for CSB Bank and that he will drive strong and healthy business growth in the years ahead”.