Bandhan Bank’s Chief Risk Officer Biswajit Das Completes Tenure, Successor Yet to Be Named

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Kolkata, January 26, 2025Bandhan Bank Limited (NSE: BANDHANBNK, BSE: 541153) has announced the completion of Chief Risk Officer (CRO) Biswajit Das’s tenure as of January 26, 2025. The bank is currently identifying his successor and an official announcement is expected.

Regulatory Compliance & Disclosure

The announcement, made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, aligns with Reserve Bank of India (RBI) guidelines on risk governance. The disclosure has been uploaded to the bank’s official website for public access.

Leadership Transition & Market Impact

  • Risk Management Oversight: With Bandhan Bank’s focus on expanding retail and MSME lending, the new CRO’s appointment will be crucial in managing credit risks and asset quality.
  • Investor Sentiment: Analysts will watch for potential impact on risk framework continuity and regulatory compliance.
  • Loan Book & Asset Quality Focus: Given the bank’s high exposure to microfinance and SME segments, a strong risk management framework will be critical in navigating economic uncertainties.

Next Steps

Bandhan Bank has assured that the selection process for a new CRO is underway, and stakeholders will be informed once the appointment is finalized.
 
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