CSB Bank Limited announced that as per the approval received from Reserve Bank of India (RBI) on September 15, 2022, the Board of Directors of the Bank in its meeting held on the same day has approved the appointment of Pralayam Board as Managing Director. Director and CEO of the Bank.
The appointment of Pralayam Mandal as Chief Executive of CSB Bank is for a period of three years from September 15, 2022 to September 14, 2025 (both days inclusive) as per RBI approval.
Mandal joined the bank on September 23, 2020 as Chairman (Retail, SME, Operations and IT) and was appointed as the Deputy Managing Director of the bank with effect from February 17, 2022. He held the position of Interim Managing Director and CEO. In the absence of the regular Managing Director and CEO of the Bank, the Bank is in force with effect from 1st April, 2022 till date.
Prior to joining CSB Bank, Mandal was Executive Director and Head of Retail Banking axis Bank, He has nearly 30 years of banking experience across a range of businesses and functions including retail assets, retail liabilities, business banking, products and technology.
Prior to joining Axis Bank, he was Senior Group Chairman and Head of Retail and Business Banking at Yes Bank. Prior to this he had a 12-year stint at HDFC Bank and was previously associated with Standard Chartered Bank, Wipro Infotech and Colgate Palmolive.
CSB Bank is one of the oldest private sector banks in India, having been in existence for over 100 years, having a strong base in Kerala with presence in Tamil Nadu, Maharashtra, Karnataka and Andhra Pradesh.
It offers a wide range of products and services to our overall customer base of 1.9 million, including 604 branches (excluding three service branches and three asset recovery branches) and 504 ATMs/CRMs specialized on SME, retail and NRI customers. Attention is given. Country.
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