The Board of Directors of Bandhan Bank approves the appointment of Mr. Philip Mathew as an Additional Director (Independent)

The Board of Directors of Bandhan Bank Limited (the ‘Bank’), at its meeting held on June 15, 2022, on the basis of the recommendations of the Nomination and Remuneration Committee of the Board, has approved the appointment of Mr. Philip Mathew (DIN: 09638394) as an Additional Director (Independent) on the Board of the Bank, with effect from June 15, 2022. Mr. Mathew shall hold office as additional director up to the date of the ensuing Annual General Meeting (‘AGM’) or up to three months from the date of his appointment, whichever is earlier. Further, the Board of Directors has approved the appointment of Mr. Mathew as an Independent Director of the Bank, for a period of three consecutive years, with effect from June 15, 2022, which is subject to approval of Shareholders of the Bank.

Bandhan Bank
Bandhan Bank

Mr. Philip Mathew, a HR practitioner, has almost 30 years of work experience. He resigned from HDFC Bank as the Chief People Officer in 2018 after his association of around 16 years. During his tenure at HDFC Bank, he was involved in various HR related initiatives, such as, successful transition to a cloud-based enterprise-wide HR application, amongst the first to adopt the new governance and risk management standards set by Compensation Guidelines by RBI, implementation of HR metrics, recognition as ‘Best Employer’ in the BT Survey in 2016, etc., and with regard to training and development, online learning, revisiting instructional design and systematic measurement of training effectiveness of designated programmes.

His experience as a HR practitioner spans across organisations involved in manufacturing and financial services. His career journey has been through the entire landscape of HR with significant depth. He was Plant HR In charge at Rallis India Ltd and Marica Industries Ltd, Project Lead for roll-out of new PMS at ANZ Grindlays Bank, a brief corporate stint at Colgate-Palmolive before becoming Head HR at Sharekhan.com and thereafter, moved to HDFC Bank in 2002, where he started as AVP – HR Operations and grew to become the Chief People Officer for HDFC Bank. Currently, he is associated with development of HR related solutions.

Mr. Mathew is M.A (PM & IR) from the Tata Institute of Social Sciences and B.Sc (Statistics) from the Loyola College.