Top Searches
Advertisement

Bandhan Bank Appoints Biju E. Punnachalil as Chief Risk Officer for Three-Year Term

Updated: July 14, 2025 16:32

Image Source : Realty Plus Magazine
Bandhan Bank Ltd. has officially appointed Biju E. Punnachalil as its Chief Risk Officer (CRO) for a tenure of three years, signaling a strategic move to bolster its risk governance and regulatory oversight. The appointment was approved by the bank’s Board of Directors and is effective immediately.
 
Key highlights of the appointment:
  • Biju E. Punnachalil brings over two decades of experience in risk management, having previously served as CRO and Joint General 
  • Manager at South Indian Bank Ltd.
  • His expertise spans credit risk, operational resilience, regulatory compliance, and enterprise risk frameworks.
  • The appointment aligns with Bandhan Bank’s broader leadership restructuring and its focus on strengthening internal controls amid evolving financial landscapes.
Strategic context:
  • Bandhan Bank has been navigating asset quality challenges, particularly in its microfinance portfolio, and aims to recalibrate its risk strategy under new leadership.
  • Punnachalil’s entry comes at a time when the bank is expanding its retail and SME lending operations, necessitating tighter risk protocols.
  • His role will include enhancing stress testing models, refining risk appetite frameworks, and ensuring alignment with RBI’s evolving guidelines.
Governance implications:
  • The appointment follows recommendations from the Nomination and Remuneration Committee and the Risk Management Committee.
  • It reflects the bank’s commitment to proactive risk culture and longterm sustainability.
With this leadership shift, Bandhan Bank reinforces its intent to balance growth with prudence, positioning itself for a more resilient future.
 
Sources: Bloomberg, MarketScreener, Bandhan Bank Leadership Portal.

Advertisement

STORIES YOU MAY LIKE

Image Source: Sputnik India
Bridging Borders: India and China Signal Thaw in Diplomatic Ties
Image Source : World's Cricket stadiums
Holkar Stadium’s Cricket Museum Opens to Public, Showcasing India’s Glorious Sporting Legacy
Image Source : Nagaland Post
Neeraj Chopra’s 88.77m Spearhead Lands Him in World Championship Finals and Paris Olympics
Advertisement
Image Source : EquityBulls
Saptarishi Agro Secures Factory License in Gujarat, Paving Way for Expansion
Image Source : Times Of India
India-US Trade Talks Accelerate Ahead of Tariff Deadline; IOB Cuts Lending Rate Slightly
Image Source : Passionate In Marketing
Satin Creditcare Approves ₹500 Million NCD Issue to Strengthen Funding Base
Image Source : LLoyds Enterprises
Lloyds Enterprises Mulls Fundraising Proposal to Fuel Strategic Expansion
Advertisement
Live Blogs
SBI Tags RCom Loan as Fraud, Puts Anil Ambani in RBI Crosshairs
Thrill-Seekers Assemble: APTDC Flooded with 130 Adventure Tourism Applications
Level Unlocked: Good Game Becomes World’s First As-Live Global Gaming Reality Show
From Devotion to Dynamite: Ganesh’s Mighty Avatar Steals the Show in Yours Sincerely, Raam
Top Stories
Image Source: Trading View
License to Cultivate: Saptarishi Agro Secures Factory Approval in Gujarat
Image Source: Daily Excelsior
Patanjali’s Bonus Brew: A Healthy Dose of Shareholder Delight
Image Source: The Economic Times
GAIL Goes Global: LNG Pact with Vitol Ignites India's Energy Goals
Image Source: Business Today
HCLTech Eyes Financial Services Surge Amid Strategic Wins and Market Shifts
Advertisement
Advertisement

Follow WOWNEWS 24x7 on:

Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.

Powered By Just Imagine