Bandhan Bank Appoints Ratan Kumar Kesh As Interim MD & CEO

The development comes as Bandhan Bank’s current MD & CEO Chandra Shekhar Ghosh is set to retire on 9 July
Bandhan Bank Appoints Ratan Kumar Kesh As Interim MD & CEO
Source: Bandhan Bank

Bandhan Bank Ltd. appointed its Executive Director and Chief Operating Officer Ratan Kumar Kesh as the interim managing director and chief executive office of the bank, effective 10 July.

Kesh’s appointment is for three months or until new MD & CEO takes charge, whichever is earlier, the Kolkata-based lender said in a stock exchange announcement. The appointment is subject to the approval of the Shareholders.

The development comes as the bank’s current MD & CEO Chandra Shekhar Ghosh is set to retire from the services after completing his tenure on 9 July.

Bandhan Bank said Kesh has around three decades of experience across industries in leadership roles in multiple domains. These include operations, technology, transaction banking, operations risk, enterprise governance, intelligent automation, digital, customer experience and organization transformation, it added.

Kesh, who has been serving as an executive director and COO at the bank since 31 March 2023, is leading multiple functions including technology, operations, customer experience, transformation, internal audit, recovery, and other support functions, according to the statement.

Bandhan Bank also said Kesh was part of the core team to lead organization transformation with technology, digital, governance, quality and customer focus during his tenures at ICICI Bank, HDFC Bank, Yes Bank and Axis Bank.

Kesh is a B.E (Mechanical Engineering) from NIT, Durgapur and MBA from NMIMS, according to the statement. He is also certified Quality Engineer from Quality Council of Indiana, US, and has completed advance leadership course from IIM-A and Strategic Agility from Harvard, it said.

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