Bandhan Bank Limited has informed the Exchange about update on change in Senior Management.
BANDHANBNK · price
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Bandhan Bank has appointed Mr. Biju E Punnachalil as its new Chief Risk Officer (CRO) effective July 14, 2025, for a three-year term. He joins from South Indian Bank, where he served as CRO for over 8 years and built a 29+ year banking career spanning risk management, treasury, retail, and branch operations. His appointment follows an earlier disclosure from January 29, 2025, where the bank had first announced the intent to appoint him. With the permanent CRO now in place, Mr. Sundeep Bhan steps down from his role as Interim CRO. Mr. Biju holds a Master of Science in Physics and brings deep experience in credit, market, and operational risk frameworks.
Filling the CRO seat with a seasoned banking and risk professional should strengthen Bandhan Bank's risk governance and reassure shareholders about oversight at the bank. The smooth transition from interim to permanent leadership reduces uncertainty in a key senior management role.