Bandhan Bank has appointed Partha Pratim Sengupta as its Managing Director and Chief Executive Officer, effective today. A seasoned banking professional with nearly four decades of experience, Sengupta brings with him a wealth of expertise across various domains, including business operations, credit management, and technology. 

In his first remarks as MD & CEO, Sengupta expressed his commitment to fostering customer-focused solutions and innovation within the bank. “I am honoured to join the Bandhan Bank family. My focus will be on advancing customer-centric solutions, strengthening the business, and fostering innovation to make financial services inclusive and sustainable”, he said. Sengupta also praised Bandhan Bank's accomplishments over the years and stated his enthusiasm to work with the team to drive growth and deliver value for stakeholders.

The appointment marks the end of the interim leadership of Ratan Kumar Kesh, who has been serving as the Acting MD & CEO since July 10, 2024. With Sengupta’s joining, Kesh will resume his role as Executive Director and Chief Operating Officer, according to a statement from the bank.

Anup Kumar Sinha, Chairman of Bandhan Bank, welcomed Sengupta, emphasizing his extensive industry experience and strategic vision. “We are delighted to welcome Mr. Partha Pratim Sengupta as the Managing Director & CEO of Bandhan Bank. His proven track record in the industry will be instrumental in steering Bandhan Bank into its next phase of growth Bandhan 2.0. His expertise will guide the Bank in strengthening its market position across the country and truly be a Bank for all”, Sinha noted.

Previously, Sengupta served as MD & CEO of Indian Overseas Bank from 2020 to 2022, where he led transformative business initiatives. His career includes over 30 years in key roles at the State Bank of India, including Deputy Managing Director and Chief Credit Officer, and he has held non-executive director roles with prominent financial entities like YES Bank and Universal Sompo.