Bandhan Bank announced that Santosh Nair has been appointed as Head-Consumer Lending & Mortgages. Santosh Nair, it added, will drive the strengthening of the housing finance portfolio and also the retail lending franchise and distribution of the Bank.
Prior to Bandhan Bank, Santosh Nair 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 and distribution, P&L management and operations,” it said. 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.
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 strengthening 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.