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Nandita Bakhshi to head Bank of the West

28marchIndian-American banker Nandita Bakhshi has been appointed president and CEO of Bank of the West, a unit of BNP Paribas. Bakhshi, 57, will replace Michael Shepherd as the bank’s next president and CEO and is expected to join the bank as a CEO-in-training on 1 April and will take the helm officially on 1 June. She is an alumnus of the University of Calcutta where she earned a bachelor’s degree in history. She also has a masters in International Relations and Affairs from Jadavpur University. A New England News ‘Woman of the Year’ award recipient in 2002, Bakhshi also serves on the board of the Consumer Bankers Association. BNP Paribas is revamping its US operations to meet new regulations. Bakhshi had held several leadership roles at TD Bank, the most recent being executive vice president and head of North American direct channels where she was responsible for driving innovation in direct and electronic channels to improve digital adoption and provide customers a unified banking experience. She also held executive positions at Washington Mutual in Seattle which is now JP Morgan Chase, FleetBoston, which is now Bank of America, First Data Corp, Home Savings of America and Banc One Corp.

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