Debasish Panda Appointed As Part-Time Chairman Of Bandhan Bank

The Reserve Bank of India (RBI) has approved the appointment of Debasish Panda as Part-Time Chairman of Bandhan Bank for a term of three years. The approval was issued through a letter dated April 22, 2026, and will take effect from the date he assumes charge, subject to regulatory conditions.

Panda is the former Chairman of the Insurance Regulatory and Development Authority of India (IRDAI) and a retired Indian Administrative Service (IAS) officer from the 1987 batch of the Uttar Pradesh cadre. He served as Secretary in the Department of Financial Services between 2020 and 2022, where he handled banking and financial sector matters. He has been associated with institutions such as the RBI, State Bank of India (SBI), Bank of Baroda, and Life Insurance Corporation (LIC) of India as a Board Member. He holds academic qualifications from Utkal University and Jawaharlal Nehru University (JNU) and has undergone training in public administration.

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