Bandhan Bank appoints new leaderships with Rajinder Kumar Babbar as ED & CBO

By Gloria Mathias

Bandhan Bank, one of the universal banks in India, has announced further strengthening of its core management team. The bank has appointed Rajinder Kumar Babbar as Executive Director & Chief Business Officer.

He will oversee all business verticals, including digital banking and the Treasury portfolio of the bank. With an experience of 35 years, Babbar has handled various leadership assignments and led large teams across business verticals in HDFC Bank, Centurion Bank, and the Central Bank of India. In his last role, he was Group Head of, the Transportation, Infrastructure, and Tractor Finance Group at HDFC Bank.

Additionally, last month, the bank announced another couple of key additions to its leadership team. Rajeev Mantri joined the bank as CFO and will oversee the bank’s financial operations and efficient resource allocation. Rajeev comes with over 25 years of experience in banking and finance across India, Singapore, and the UAE, with leading banks like Standard Chartered and Citi.

Also, Santosh Nair has joined the bank as Head of Consumer Lending and Mortgages. Santosh brings in proven expertise in sales and distribution, P&L management, and operations. Before Bandhan Bank, Santosh had stints at HDFC Limited, American Express, and Kotak Mahindra Primus.

On the strengthening of the leadership team, Chandra Shekhar Ghosh, MD & CEO, of Bandhan Bank said, “We are delighted to welcome Rajinder, Rajeev, and Santosh to the Bandhan Bank team. Their impressive backgrounds and proven leadership skills will be invaluable assets for us as we continue to innovate and grow. This strategic reinforcement of our senior management team reaffirms our dedication to delivering exceptional banking solutions and driving sustained value for our customers.”

Bandhan Bank looks forward to the positive impact that these three and various other senior leaders, who have joined the bank recently, will bring to the organization as the bank embarks on a new chapter of growth and expansion.