Bandhan Bank’s Board has approved the appointment of Mr. Avijit Mukerji as an Additional Non-Executive Non-Independent Director, effective September 25, 2025. It also recommended the re-appointment of Mr. Ratan Kumar Kesh as Executive Director and Chief Operating Officer, effective March 31, 2026, for another three years, subject to RBI and shareholder approvals. Mr. Mukerji is a nominee of Bandhan Financial Holdings Limited.
New Director Appointment
Effective September 25, 2025, the Board of Directors has approved the appointment of Mr. Avijit Mukerji (DIN: 03534116) as an Additional Non-Executive Non-Independent Director. He will also serve as a Non-Executive Non-Independent (Nominee) Director. Mr. Mukerji’s appointment is subject to shareholder approval within three months.
Executive Director Re-appointment Recommendation
The Board has recommended to the Reserve Bank of India (RBI) the re-appointment of Mr. Ratan Kumar Kesh (DIN: 10082714) as a Whole-time Director, designated as ‘Executive Director and Chief Operating Officer’. The re-appointment is proposed to be effective from March 31, 2026, for a further period of 3 years or as approved by the RBI. This is also subject to the approval of the Shareholders.
Mr. Avijit Mukerji’s Profile
Mr. Avijit Mukerji is a Chartered Accountant with over 30 years of experience in audit and assurance. He previously served as a senior partner at Price Waterhouse and held leadership positions within PwC India. He is currently the founder and managing partner of TatvaSutra Solutions LLP. He also serves as an Independent Director on the boards of Bandhan Financial Holdings Limited, Balaji Telefilms Limited, and India Carbon Limited. He had secured ranks in both Intermediate (AIR 12) and Final (AIR 21) examinations of the Institute of the Chartered Accountants of India.
Mr. Ratan Kumar Kesh’s Profile
Mr. Ratan Kumar Kesh has over 27 years of experience across industries, including Operations, Technology, and Transaction Banking. He has held leadership roles in multiple domains and was recognized among the 50 most talented Quality Professionals in India by the World Quality Congress. Prior to the proposed re-appointment, he held the position of Interim MD&CEO of the bank from July 10, 2024, to October 31, 2024. He is a B.E. (Mechanical Engineering) and MBA from NMIMS.
Source: BSE