IndusInd Bank appoints Rajiv Anand as Managing Director and CEO for a three-year term
IndusInd Bank announced on Monday that its Board of Directors, with approval from the Reserve Bank of India, has appointed Rajiv Anand as the new Managing Director and CEO of the bank. His tenure will begin on August 25, 2025, and will continue until August 24, 2028, subject to shareholder approval.
Rajiv Anand served as Deputy Managing Director at Axis Bank, where he has led wholesale banking and spearheaded digital initiatives. Over the years, he has held prominent leadership roles in global financial institutions and capital markets.
The bank clarified that Mr. Anand is not debarred from holding the position by SEBI or any other authority. His appointment aims to bring strategic leadership as IndusInd Bank enters its next growth phase.
The Board meeting confirming this appointment was held on August 4 and concluded within 22 minutes.
For more details, visit www.indusind.co
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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