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IndusInd Bank's Chief Human Resources Officer Zubin Mody resigns
IndusInd Bank's Chief Human Resources Officer Zubin Mody resigns

Time of India

time4 days ago

  • Business
  • Time of India

IndusInd Bank's Chief Human Resources Officer Zubin Mody resigns

IndusInd Bank on Friday announced that its Chief Human Resources Officer and Senior Management Personnel, Zubin Mody, has resigned from his position after a two-decade-long association with the private lender. His resignation, submitted via a letter dated July 25, 2025, will take effect from the close of business hours on October 24, 2025. Explore courses from Top Institutes in Please select course: Select a Course Category Healthcare Cybersecurity PGDM Design Thinking Data Analytics Digital Marketing Product Management healthcare Technology Data Science Management MBA Project Management Finance Data Science others Leadership Artificial Intelligence MCA Degree Others CXO Operations Management Public Policy Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details Mody's exit was disclosed by the bank in a regulatory filing made under SEBI's Listing Obligations and Disclosure Requirements (LODR) norms. The bank said the disclosure, along with Mody's resignation letter, has been made available on its website. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Providers are furious: Internet access without a subscription! Techno Mag Learn More Undo In his letter addressed to the bank's board, Mody wrote: 'After 20 years of a remarkable and fulfilling career with the Bank, I wish to pursue new opportunities outside. Hence, I have made this very difficult decision to resign from the services of the Bank.' He thanked the board, colleagues, and stakeholders for their support over the years. Live Events 'I take this opportunity to thank the Board, my colleagues and all stakeholders of the Bank for their trust and support during my tenure,' he said. Mody also assured a smooth handover. 'I am committed to ensuring a smooth transition and I am available to support the Bank during this period, as required. I wish the Bank and my colleagues the very best for the future," Mody was quoted as saying in his resignation letter. IndusInd Bank's board took the resignation on record during its meeting on Friday, it said in a statement to the exchanges. The bank did not name a successor and said Mody's departure is due to personal reasons related to exploring opportunities outside the organisation. The resignation marks the latest high-level change in leadership at the bank.

IndusInd Bank's Chief Human Resources Officer (CHRO) Zubin Mody resigns after 20-year stint
IndusInd Bank's Chief Human Resources Officer (CHRO) Zubin Mody resigns after 20-year stint

Business Upturn

time4 days ago

  • Business
  • Business Upturn

IndusInd Bank's Chief Human Resources Officer (CHRO) Zubin Mody resigns after 20-year stint

IndusInd Bank has announced the resignation of Mr. Zubin Mody, its Chief Human Resources Officer (CHRO) and designated Senior Management Personnel. The resignation was tendered on July 25, 2025, and Mr. Mody will officially step down from his role at the close of business hours on October 24, 2025. According to the official disclosure filed with stock exchanges under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR), Mr. Mody is leaving the bank to pursue new opportunities outside. In his resignation letter addressed to the Board and CEO, Mody reflected on his '20 years of a remarkable and fulfilling career' at the bank. He expressed gratitude to the Board, colleagues, and stakeholders for their support and affirmed his commitment to ensuring a smooth transition. The disclosure, including his resignation letter, has also been made available on the Bank's official website in compliance with SEBI norms. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Ahmedabad Plane Crash 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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