CSB Bank Limited has announced the appointment of Pralay Mondal as the Managing Director & CEO of the Bank, on the approval received from the Reserve Bank of India (RBI) on September 15.
Mondal has been offered the position for three years of tenure. He joined the bank in 2020 as the President (Retail, SME, Operations and IT) and later, was appointed as the MD of the Bank. According to a report carried out by Mint, He held the position of interim Managing Director & CEO of the Bank with effect from April 1, 2022 till date as there was a vacuum in the position.
Prior to CSB Bank, Mondal was associated with Axis Bank as the Executive Director & Head of Retail Banking. Prior to that, Pralay Mondal worked with a range of companies namely Yes Bank, HDFC, Standard Chartered Bank, Wipro and Colgate.
With thirty years of experience, Mondal has headed across multiple businesses and functions including retail assets, retail liabilities, business banking, products and technology.
Image credit: Mint