Bandhan Bank’s Chief Financial Officer, Sunil Samdani stepped down from the position to “take up another opportunity”
Samdhani will serve his three-month notice period until October 1, 2023, according to the provisions of his appointment.
Samdhani is the executive president and Key Managerial Person (KMP) of Bandhan Bank in addition to being the CFO.
“I am grateful to you for placing the trust in me and giving me the valuable opportunity to build a Bank of this size and stature,” Samdhani said in his resignation letter, according to the bank’s regulatory filing.
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Thanking the board for the opportunity, Samdani also added, “This has been the toughest decision of my career as I have built this institution from the start. It has been challenging, enriching and fulfilling experience which offered me phenomenal learning every single day.”
Samdani has over 23 years of financial services experience. Prior to joining Bandhan Bank as CFO, he was the Head of Business Analytics and Strategy at Development Credit Bank and the CFO at Karvy Financial Services Ltd.
According to the bank, it is in the process of seeking a qualified candidate for the position of CFO and key managerial employees.
