Overview

• IndusInd Bank said Rajiv Anand assumed the MD & CEO role effective August 25, 2025 for a three‑year term, subject to shareholder approval.
• With his appointment, the Board’s Oversight Committee and the interim Committee of Executives that had been running operations were dissolved.
• Chairman Sunil Mehta welcomed Anand and said the bank has advanced root‑cause analysis, closed control gaps, and fixed staff accountability.
• Anand’s arrival follows executive resignations and an interim structure put in place earlier this year after the derivatives lapse.
• The announcement came after market hours; the stock closed up 1.59% at Rs 772, and one brokerage expects a gradual recovery in the shares.