Bandhan Bank announces key leadership overhaul, top talent joins ranks

Bandhan Bank has announced significant enhancements to its core management team, underlining its commitment to operational excellence and strategic growth. The latest appointments include Mr. Rajinder Kumar Babbar as Executive Director & Chief Business Officer, alongside additions to key roles in finance and consumer lending.Mr. Babbar, with a rich professional background spanning 35 years, assumes the pivotal role of overseeing all business verticals, including digital banking and treasury portfolios. His extensive leadership experience at esteemed institutions like HDFC Bank, Centurion Bank, and Central Bank of India positions him as a valuable asset to Bandhan Bank’s leadership cadre.

Joining Mr. Babbar are Mr. Rajeev Mantri, appointed as Chief Financial Officer (CFO), and Mr. Santosh Nair, taking charge as Head of Consumer Lending and Mortgages. Mr. Mantri brings over 25 years of comprehensive banking and financial expertise garnered from reputable institutions such as Standard Chartered and Citi. Similarly, Mr. Nair’s proficiency in sales, distribution, and P&L management, acquired from his tenure at HDFC Limited, American Express, and Kotak Mahindra Primus, promises to invigorate Bandhan Bank’s consumer lending operations.

Expressing his enthusiasm for the new appointments, Mr. Chandra Shekhar Ghosh, MD & CEO of Bandhan Bank, emphasized their collective capability in steering the bank towards its strategic objectives. He highlighted the strategic importance of reinforcing the senior management team to drive innovation and sustained value for customers.