IndusInd Bank has officially appointed Rajiv Anand as its new Managing Director and CEO, following RBI’s approval. Anand, who has been serving as the Executive Director, succeeds Sumant Kathpalia and will take charge for a three-year term.

Key Points:

• Rajiv Anand has been appointed as the new MD & CEO of IndusInd Bank for a term of three years.
• The appointment follows the approval from the Reserve Bank of India (RBI).
• Anand has been with IndusInd Bank since 2015 and most recently served as the Executive Director.
• He succeeds Sumant Kathpalia, who served two terms as MD & CEO.
• Rajiv Anand brings over three decades of experience in financial services, particularly in banking, asset management, and capital markets.