India's IndusInd Bank to appoint industry veteran Rajiv Anand as CEO
Anand, a veteran banker, is currently the deputy managing director at private lender Axis Bank (AXBK.NS), opens new tab, and has held key management positions at leading global financial institutions.
He was one of three candidates shortlisted by the bank's board, Reuters reported last month.
IndusInd Bank took a $230 million hit in the year ended March 31 due to years of misaccounting of internal derivative trades, prompting the resignations of CEO Sumant Kathpalia and deputy Arun Khurana in April.
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