Bandhan Bank has named Ratan Kumar Kesh as the Interim Managing Director & Chief Executive Officer (MD & CEO) effective from July 10, 2024. This decision follows the retirement of Chandra Shekhar Ghosh, the current MD & CEO, whose tenure concludes on July 9, 2024.
The Board of Directors approved Kesh’s appointment in a meeting held on July 6, 2024. The Reserve Bank of India (RBI) has also endorsed this decision, following the recommendation of the Nomination and Remuneration Committee. Kesh, who currently serves as the Executive Director & Chief Operating Officer at Bandhan Bank, will assume the interim role for an initial period of three months or until a permanent MD & CEO is appointed, subject to shareholder approval.
Also read: RBI Names Arun Kumar Singh as Additional Director on Bandhan Bank Board
In his current capacity, Kesh oversees functions including Technology, Operations, Customer Experience, Transformation, Internal Audit, Recovery, and other support functions at the bank. Prior to joining Bandhan Bank on March 31, 2023, Kesh led retail operations and services at Axis Bank.
With over three decades of experience in leadership roles, Kesh has driven organizational transformation with a focus on technology, digital initiatives, governance, quality, and customer-centric strategies at ICICI Bank, HDFC Bank, Yes Bank, and Axis Bank before joining Bandhan Bank.
