Indusind Bank Limited has informed the Exchange regarding Appointment of Mr Rajiv Anand as Managing Director & CEO of the company w.e.f. August 29, 2025.
INDUSINDBK · price
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IndusInd Bank has appointed Mr. Rajiv Anand as its new Managing Director & CEO for a 3-year term, from August 25, 2025 to August 24, 2028. The appointment was approved by shareholders at the bank's 31st AGM on August 29, 2025. Mr. Anand joins from Axis Bank, where he most recently served as Deputy Managing Director heading the Wholesale Banking business and driving the digital agenda. He is a qualified Chartered Accountant with prior leadership roles in retail banking and asset management.
An experienced external hire from a larger peer (Axis Bank) could boost investor confidence in leadership continuity and strategic direction, though the market will watch closely given IndusInd's recent governance and asset quality challenges.