This story is from March 11, 2023
RBI clears IndusInd Bank CEO for two more years
Mumbai: The RBI has approved the reappointment of Sumant Kathpalia as md & CEO of IndusInd Bank for a period of two years from March 24, 2023. The private lender’s board had reappointed Kathpalia as md & CEO, for three years with effect from March 2023.
Kathpalia is a career banker who had earlier worked in Citibank, Bank of America and ABN AMRO, before joining IndusInd Bank. Kathpalia has led several roles in his 30-year career. At IndusInd Bank, he has been part of the management team that joined the Bank 15 years ago and has been pivotal in turning the Bank around. He has been a key member of the top-level executive committee looking at bank-wide financial management, managing investor relations and evaluating inorganic growth opportunities. In his prior role as head - consumer bank at IndusInd Bank, He also led the expansion of the consumer distribution franchise and has been instrumental in positioning IndusInd Bank.
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Kathpalia is a career banker who had earlier worked in Citibank, Bank of America and ABN AMRO, before joining IndusInd Bank. Kathpalia has led several roles in his 30-year career. At IndusInd Bank, he has been part of the management team that joined the Bank 15 years ago and has been pivotal in turning the Bank around. He has been a key member of the top-level executive committee looking at bank-wide financial management, managing investor relations and evaluating inorganic growth opportunities. In his prior role as head - consumer bank at IndusInd Bank, He also led the expansion of the consumer distribution franchise and has been instrumental in positioning IndusInd Bank.
Stay informed with the latest Business News on Times of India. Explore updates on International Business, gain insights with Financial Literacy tips, and make use of Financial Calculators. Don’t forget to check the list of Bank Holidays in 2025, including Bank Holidays in January.
Ready to Master Stock Valuation? ET’s Workshop is just around the corner!
Top Comment
Jonathan Andrade
661 days ago
Indusbank had revied its a good news after a cut throat competition in the banking industry Read allPost comment
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