Category : Appointment/ResignationPublished on: March 14 2023
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Private lender IndusInd Bank said that the Reserve bank of India had approved the re-appointment of Sumant Kathpalia as management director and chief executive officer of the bank for a further period of 2 years with effect from March 24, 2023.
At IndusInd Bank, he has been part of the management team for 15 years ago.
Kathpalia’s re-election is effective March 24, 2023. His current term will end on March 23, 2023.
Established in 1994 by Srichand P Hinduja, the name ‘IndusInd’ Bank was inspired by the Indus Valley Civilisation.