Bandhan Bank has appointed Partha Pratim Sengupta as its new Managing Director and CEO, effective November 1, 2024. With nearly 40 years of experience in the banking industry, Mr. Sengupta brings a wealth of expertise, having previously transformed Indian Overseas Bank as MD & CEO from 2020 to 2022. His strategic roles at State Bank of India, along with non-executive directorships in notable financial institutions, underscore his deep-rooted industry knowledge.
The appointment marks a leadership transition at Bandhan Bank as interim MD & CEO Ratan Kumar Kesh resumes his role as Executive Director and Chief Operating Officer. Dr. Anup Kumar Sinha, Chairman of Bandhan Bank, expressed confidence in Mr. Sengupta’s ability to lead the bank’s “Bandhan 2.0” growth phase, enhancing its market reach and impact across India.
In Tripura, Bandhan Bank’s growth is seen as a boost to financial inclusion. With Sengupta’s focus on innovation and customer-centric services, local markets in Tripura anticipate enhanced financial accessibility and support for small enterprises, crucial for regional development. Mr. Sengupta emphasized his commitment to driving sustainable and inclusive financial solutions, aiming to strengthen Bandhan Bank’s position as a “Bank for all.”