Bandhan Bank founder CEO Chandra Shekhar Ghosh quits

(20 Second reading) Private sector lender Bandhan Bank on Friday said its founder, managing director and chief executive Chandra Shekhar Ghosh has tendered his resignation.

Ghosh will leave the bank, started as an NGO and then as a microfinancier in 2009 and as bank since 2014, as its managing director and chief executive on completion of his current tenure on July 9, 2024. He said post retirement he will assume a larger strategic role at Bandhan group level.
Loans and advances of Bandhan Bank has crossed Rs 1.28 trillion at the end of March 2024, up 17.8 percent on-year.