♦ Sumant Kathpalia was reappointed as Managing Director and Chief Executive Officer of the IndusInd Bank. Kathpalia’s new term will commence on March 24, 2025, and extend through March 23, 2028.

♦ He has been serving as MD and CEO since March 2020.

♦ Kathpalia is a career banker with over 36 years of experience in large multinational banks such as Citibank, Bank of America and ABN AMRO prior to joining Induslnd Bank.