Rajiv Anand takes over as MD, CEO of Indusind Bank for three years

Rajiv Anand | Photocredit: Shashi Ashiwal

Veteran banker and former Axis Bank deputy MD Rajiv Anand today took the lead as MD, CEO of Indusind Bank for a period of three years, according to a exchange office. line Was the first to report in May that Anand was the leader for the top track at Indusind Bank after the series of crises that the bank was confronted with earlier this year.

“The board of directors of Indusind Bank Limited had approved the appointment of Rajiv Anand as director and chief executive officer of the bank with effect from 25 August 2025 for three years,” said Indusind Bank, adding that the interim committee of managers formed to supervise the daily activities of the banking position that.

Sunil Mehta, the chairman of the board of Indusind Bank, said that the bank has recently made robust progress that has established the root causes of old problems and was tackling the control novels.

“The board has also made significant progress in assessing individual roles and responsibilities and determining the responsibility of the staff. The bank is now starting a growth trip under the new leadership, while prioritizing the highest standards of governance and integrity,” he said.

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Published on August 25, 2025