Bandhan Bank appoints Ratan Kumar Kesh as interim MD & CEO
In a regulatory filing with the stock exchange on Saturday, the lender said Kesh will be the interim MD & CEO for three months or till the new incumbent takes charge, whichever is earlier.
Kesh has been the executive director and chief operating officer of Bandhan Bank since March 2023. (Photo: Bandhan Bank) Ratan Kumar Kesh, executive director and chief operating officer of Bandhan Bank, has been appointed interim MD & CEO of the private lender since July 10.
The present MD & CEO and founder of the bank will retire on July 9.
In a regulatory filing with the stock exchange on Saturday, the lender said Kesh will be the interim MD & CEO for three months or till the new incumbent takes charge, whichever is earlier.
The appointment of Kesh is pursuant to the approval of the Reserve Bank of India and based on the recommendation of the nomination and remuneration committee and the board of directors of the bank at its meeting held during the day.
Kesh is not debarred or disqualified from holding the office of director by virtue of any order of the SEBI or any other such authority, the filing stated.
The appointment of Kesh is also subject to the approval of bank shareholders.
Kesh has been the executive director and chief operating officer of Bandhan Bank since March 2023. He was formerly with the ICICI Bank, HDFC Bank, Yes Bank, and Axis Bank.
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