The Reserve Bank of India has officially appointed Partha Pratim Sengupta as the new Managing Director and CEO of Bandhan Bank. His term will last for three years, starting no later than November 10, 2024. Sengupta accepted the position on October 9, 2024, and confirmed he would step down from his previous roles. This change follows the surprise retirement of Bandhan's founder and former CEO, Chandra Shekhar Ghosh, earlier this year. Sengupta brings over 40 years of banking experience, having previously served as MD & CEO of Indian Overseas Bank, where he successfully led a turnaround