Bandhan Bank founder Chandra Shekhar Ghosh to step down in July, shares fall 6.5%

SummaryBandhan Bank CEO’s resignation comes after having served three consecutive tenures as the MD and CEO of the bank with the final one concluding on July 09, 2024.Chandra Shekhar Ghosh, the founder, MD and CEO of Bandhan Bank has announced he will be retiring from his role at the end of his tenure on July 09, 2024 after having led the bank for almost a decade. In a filing to the stock exchanges, Ghosh indicated in his resignation letter that the time has now come for him to assume a larger strategic role at the group level.
“I feel happy to leave behind a strong franchise in the hands of a capable leadership team, many of whom have partnered me in building the organization, brick…
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Source: https://upstox.com/news/market-news/stocks/bandhan-bank-shares-fall-65percent-as-md-and-ceo-resigns/article-78845/