Mr. Bhaskar Sen is the former Chairman & Managing Director of United Bank of India (since merged with
Punjab National Bank). With a rich experience of over 45 years in the industry, Mr. Sen is considered to
be a person having deep knowledge in the areas of banking and finance. His special expertise is in the
areas of commercial banking, risk management, trade finance and treasury management.
Mr. Sen served as Chairman & Managing Director of the United Bank of India for a period of about three
years before retiring from active service in December 2012. In his earlier postings in Dena Bank as
Executive Director and as General Manager in his parent organisation Union Bank of India, he made
significant contributions to treasury operations, overseas expansion, international business, merchant
banking operations, risk management, and general banking. Mr. Sen also played a key role in launching
the initial public offer and follow-on public offer of his parent bank, Union Bank of India
Post-retirement, Mr. Sen has served on the Boards of various prominent financial organisations. He was
one of the first Directors to be appointed to the Board of Bandhan Bank, serving it for two consecutive
terms, till March 2021. He has also worked as a Public Interest Director and Chairman of the Calcutta
Stock Exchange, chaired the Expert Committee on Banking and Finance of the Indian Chamber of
Commerce (ICC), and was also a nominated director on the Board of West Bengal Financial Corporation.
Currently, Mr. Sen is on the Board of Senco Gold Limited as an Independent Director. He is also the core
member of the Industrial Investment Bank of India’s shareholder committee.
He graduated in Commerce from the University of Calcutta and is a Certified Associate of Indian Institute
of Bankers.
Letter of Appointment
