Bandhan Bank has announced the resignation of Mr. Prakash E, who was serving as the Chief of Internal Vigilance (Interim). His resignation is effective from February 24, 2026, and he will continue in his role until November 07, 2026. The bank stated that the resignation is due to personal reasons and that a new Chief of Internal Vigilance is being appointed, with updates to be provided in due course. The bank is committed to a smooth transition.
Senior Management Change at Bandhan Bank
Bandhan Bank Limited has officially disclosed a change in its senior management team. Mr. Prakash E, who was holding the position of Chief of Internal Vigilance (CIV) on an interim basis since February 24, 2026, has submitted his resignation. The resignation, effective from the date of the letter, August 10, 2026, is attributed to personal reasons.
Transition and Notice Period
Mr. Prakash E is expected to continue fulfilling his duties until November 07, 2026. This end date is contingent upon either the completion of his notice period or the date when his successor as CIV joins the Bank, whichever occurs earlier. The Bank has indicated that it is actively in the process of appointing a new CIV and will communicate further details in due course. Mr. E’s letter of resignation was enclosed with the disclosure.
Continued Service and Future Appointment
During his remaining tenure, Mr. Prakash E will continue to serve in accordance with the Bank’s established policies. The Bank has assured stakeholders that it is diligently working towards appointing a new CIV to ensure continuity in the oversight functions. This disclosure was simultaneously uploaded on the Bank’s official website, www.bandhan.bank.in, as per regulatory requirements.
Source: BSE