Kerala-based CSB Bank announced the appointment of Pralay Mondal as the bank’s new Managing Director and CEO.

• According to a press release, the Board of Directors of the Bank authorised the appointment of Mondal as the MD & CEO of the Bank on September 15, 2022, based on the consent granted by the Reserve Bank of India (RBI).
• Mondal’s appointment is for three years, from September 15, 2022 to September 14, 2025, in accordance with RBI permission, according to the bank.
• Mondal joined the bank as President (Retail, SME, Operations, and IT) on September 23, 2020, and was named Deputy Managing Director on February 17, 2022.