IndusInd Bank re-appoints Sumant Kathpalia as MD & CEO

Daily Current Affairs / IndusInd Bank re-appoints Sumant Kathpalia as MD & CEO

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Category : Appointment/Resignation Published on: September 19 2022

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IndusInd Bank has approved the re-appointment of Sumant Kathpalia as managing director and chief executive officer for three years with effect from March 24, 2023, the private lender informed exchanges.
Kathpalia was appointed as MD & CEO of IndusInd Bank in March 2020.
Kathpalia is a career banker with years of rich experience in large multi-national banks such as Citibank, Bank of America and ABN AMRO prior to joining IndusInd Bank.
At IndusInd Bank, he has been part of the core leadership team that joined the Bank 14 years ago and has been pivotal in turning the bank around.