The Board of Directors of IndusInd Bank Limited has approved the appointment of Rajiv Anand as the Managing Director and Chief Executive Officer, effective August 25, 2025, for a term of three years.
Rajiv Anand brings over 35 years of extensive experience across diverse areas of the banking and financial services industry. Most recently, he served as Deputy Managing Director at Axis Bank Limited, where he was instrumental in scaling both retail and corporate businesses. His expertise spans capital markets, treasury, and asset management.
This appointment underscores the Bank’s commitment to swiftly identifying leadership with the right capabilities and values to drive its growth journey.
Commenting on the appointment, Mr. Sunil Mehta, Chairman of the Board of Directors, IndusInd Bank, said:
“On behalf of the Board, I congratulate Rajiv Anand on his appointment as the MD & CEO of the Bank. The Board looks forward to working closely with Rajiv and the management team to deliver strong and robust growth while prioritizing highest standards of governance. The Board would like to express its gratitude to the Reserve Bank of India for its invaluable support throughout the process. The Board, the Management team and all employees look forward to welcoming Rajiv to the IndusInd family and growing this franchise to it’s full potential.”