Ratan Kumar Kesh gets extension as Interim MD and CEO of Bandhan Bank, Effective Oct. 10

New Delhi: Bandhan Bank has approved a term extension for Ratan Kumar Kesh as the interim managing director and chief executive officer of the bank for one month, or until a new MD & CEO takes charge. The bank's board has approved Kesh's term extension as interim MD & CEO, effective Oct. 10, according to an exchange filing on Saturday.

The extension of the term of Kesh is subject to the approval of the shareholders of the bank, the lender said in the filing. Kesh is not related to any of the other directors of the bank. 

Kesh has over 29 years of experience across industries in leadership roles in multiple domains: operations, technology, transaction banking, product, affluent banking, operations risk, enterprise governance, intelligent automation, digital, Cx and organisation transformation.

He has a B.E (Mechanical Engineering) from NIT, Durgapur, and an MBA from NMIMS. He is also a certified quality engineer with the Quality Council of Indiana, USA, and has completed an advanced leadership course from IIM-A and Strategic Agility from Harvard University.

Kesh has been serving as Bandhan Bank's Executive Director and Chief Operating Officer since March 31, 2023. He has played a crucial role in driving the core banking and technology transformation to position the bank for future growth, focused on compliance and quality.

He is also leading the transformation of the bank for effective risk management, improving compliance culture, as well as driving digitisation for delivering superior customer experience. Currently, Kesh has been holding the office of the interim MD&CEO of the bank since July 10, 2024.

He was recognised among the 50 most talented quality professionals in India by the World Quality Congress. He was also recognised as one of India’s top 25 emerging tech leaders by BIOCON Network in collaboration with MeitY.