Partha Pratim Sengupta Takes Charge as Bandhan Bank's New MD & CEO

Partha Pratim Sengupta has been appointed as the new Managing Director & CEO of Bandhan Bank for a three-year term. His appointment, effective no later than November 10, 2024, follows approval by the Reserve Bank of India. Sengupta succeeds Chandra Sekhar Ghosh and brings decades of banking experience to the role.

The Reserve Bank of India has approved Partha Pratim Sengupta as the new Managing Director and CEO of Bandhan Bank for a period of three years. His term will commence no later than November 10, 2024, as confirmed by the bank in a recent regulatory filing.

Sengupta's appointment follows the resignation of Bandhan Bank's founder MD and CEO, Chandra Sekhar Ghosh, on July 9. In the interim, Ratan Kesh has been serving as the acting MD and CEO. Sengupta, who retired from Indian Overseas Bank, carries over four decades of banking experience.

Bandhan Bank, the first microfinance institution in the eastern region to transition into a universal bank in 2015, continues to expand its services nationwide. It further solidified its position through strategic acquisitions and a successful stock market listing in 2018.

(With inputs from agencies.)