Bandhan Bank said its board has appointed H.R. Khan, a former RBI deputy governor, as non-executive chairman. The appointment will be for a period of 3 years, the bank said in a regulatory filing.Khan will be the independent director of the bank at a remuneration of Rs 24 lakh per annum subject to RBI and other approvals. He will also be entitled for sitting fee and other expenses such as expenses related to travelling, accommodation for attending company meetings. Khan retired from RBI in July 2016 after nearly 38 years of service. The bank also said the board has appointed Pravir Kumar Vohra as a non-executive additional director for 3 years.
Click to comment