Bandhan Bank announced that Santosh Nair has been appointed as Head-Consumer Lending & Mortgages. Santosh Nair, it added, will drive the strengthening of the housing finance portfolio and also the retail lending franchise and distribution of the Bank. The Bank also announced that Shantanu Sengupta, Head - Retail Banking, has decided to pursue opportunities outside the Bank.

He will remain with the Bank till early financial year 2024-2025 to ensure smooth transition. Mr. Shantanu Sengupta, Head ­ Retail Banking, has been relieved from the services of the Bank effective from the close of business hours on March 30, 2024. The Bank has ensured smooth transition of the portfolios handled by Mr. Sengupta.

As informed earlier, Mr. Santosh G Nair is heading Consumer Lending & Mortgages, whereas remaining portfolios have been transitioned to other senior executives, who are reporting into Executive Director and Chief Business Officer, Mr. Rajinder Kumar Babbar.