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Bandhan Bank appoints Santosh Nair as Head – Consumer Lending & Mortgages

Bandhan Bank appoints Santosh Nair as Head – Consumer Lending & Mortgages

| @indiablooms | 02 Feb 2024, 01:39 am

Kolkata: Bandhan Bank appointed Santosh Nair as Head – Consumer Lending & Mortgages, a press release said.

"Santosh will drive the strengthening of the housing finance portfolio and also the retail lending franchise and distribution of the Bank," the press release said on Thursday.

Prior to Bandhan Bank, Santosh was the CEO of HDFC Sales Private Limited. A highly accomplished professional with over three decades of experience, of which two were at HDFC and HDFC Bank, Santosh brings with him proven expertise especially in sales & distribution, P&L management and operations.

In his earlier roles, he led various lines of businesses including housing, credit cards, personal loan, auto loan and education loan. Santosh also had stints at American Express and Kotak Mahindra Primus.

Commenting on the appointment, Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank, said. “Santosh is a highly experienced professional with expertise in mortgage and retail lending. The Bank has been focussed on streghthening its secured book and diversifying the asset book, and Santosh, with his varied and proven experience, will be a key contributor to this agenda. On behalf of everyone at Bandhan Bank, I welcome Santosh.”

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 FY2024-25 to ensure smooth transition. The Bank is appreciative of his contribution towards strengthening the retail banking franchise and wishes him the best in his future endeavours.

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