On 11 September, Bandhan Bank, a private sector lender, announced that its Chief Compliance Officer (CCO), Sudheer Reddy Govula, has resigned from his position in order to pursue opportunities outside of the bank.
The bank made this disclosure through an exchange filing, stating, "Sudheer Reddy Govula, Chief Compliance Officer (CCO) of the bank, has decided to explore professional opportunities outside the bank." In his resignation letter, Govula expressed, "I have decided to resign from the services from the Bank, as Chief Compliance Officer, to pursue another opportunity."
In response to this development, the bank has appointed Amitava Goswami, who currently oversees branch banking and customer service operations at the bank, as the new Chief Compliance Officer.
The bank also noted, "Further, the board of directors of the bank at its meeting held on 9 September 2023, has approved the appointment of Amitava Goswami to act as the CCO."
This move follows the resignation of the bank's Chief Financial Officer (CFO), Sunil Samdani, in July 2023, who stepped down from his position to pursue a different opportunity.