Mumbai, June 13 -- The bank will now seek shareholder approval for the reappointment within the timeframe mandated under the Companies Act, 2013, and SEBI Listing Regulations.

Pralay Mondal joined CSB Bank in September 2020 after serving as the head of retail banking at Axis Bank. At CSB, he initially took on the role of President overseeing retail, SME, operations, and IT, before being promoted to Deputy Managing Director in February 2022.

Pralay had been the Bank's interim MD and CEO since April 2022. He has earlier worked with companies like Yes Bank, HDFC Bank, Standard Chartered Bank, Wipro InfoTech and Colgate Palmolive.

CSB Bank is an old private sector bank with a history of over 100 years and operates 829 branches as on 31 Mar...