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CSB Bank appoints Pralay Mondal, former ED at Axis Bank, as CEO

CSB Bank Limited on Friday announced the appointment of Pralay Mondal as the managing director and chief executive officer of the bank for a period of three years starting 15 September.

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    • Pursuant to the approval received from the Reserve Bank of India (RBI) on 15 September, the board of directors of the Bank in its meeting held on the same day approved the appointment.

    Mondal joined CSB Bank as president, retail, SME, operations and IT on 23 September, 2020 and was appointed as the deputy MD with effect from 17 February.

    He was the interim MD and CEO of the bank with effect from 1 April till date in the absence of a regular CEO and MD.

    Prior to joining CSB Bank, Mondal was Executive Director and Head, Retail Banking at Axis Bank.

    At CSB Bank, Mondal has been working on expanding retail franchise distribution and branches, building technology platforms with a larger focus on digital initiatives towards aut