IndusInd Bank Limited — Others, 04-08-2025: Appointment

IndusInd Bank's Board has appointed Mr. Rajiv Anand as Managing Director & CEO for a three-year term, effective from later this month, subject to shareholder approval. This follows Reserve Bank of India's approval. Mr. Anand brings extensive experience, having previously served as Deputy Managing Director at Axis Bank, where he led Wholesale Banking and digital initiatives. He was also the founding MD & CEO of Axis Asset Management Co. Ltd. This key appointment brings a seasoned leader to steer the bank's strategic direction.