Indusind Bank Limited has informed the Exchange regarding Appointment of Mrs. Pragati Gondhalekar as Head Internal Audit of the Bank w.e.f. September 01, 2025.
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IndusInd Bank has appointed Mrs. Pragati Gondhalekar as the Head of Internal Audit with effect from September 01, 2025. Internal Audit heads are typically classified as Key Managerial Personnel (KMP) under RBI and SEBI norms for banks. The appointment signals continuity in strengthening the bank's internal audit and risk oversight functions. No specific reason for the change or predecessor's details were disclosed in this filing.
This is a routine senior management appointment with no direct material impact on shareholders or stock price. It may be viewed positively if seen as part of ongoing governance strengthening at the bank.