IndusInd Bank Limited announced the appointment of Rajiv Agarwal as Non-Executive Independent Director on the company’s Board, with effect from March 15, 2023.
According to the company’s exchange filing, “This is to inform that the Board of Directors (the Board) of the Bank, at its meeting held today has considered and approved, the re-appointment of Mr. Rajiv Agarwal (DIN: 00336487) in the category of Non-Executive Independent Director’ of the Bank, subject to the approval of the Shareholders of the Bank, by means of a Special Resolution through Postal Ballot.”
Agarwal has around 38 years of experience in ‘Small Scale Industries’ segment. He had started his career in the family business at JG Vacuum Flasks Pvt Ltd. manufacturers of thermos flasks and vacuum refills, with significant exports to Europe.
During his career, Agarwal has been a promotor in several small-scale ventures, primarily manufacturing concerns. Agarwal is presently a Director in Autopress India Pvt Ltd., Rightsource Technologies Pvt. Ltd. and Autosource (India) Private Limited. He is also a partner in Sensory Solutions. Rightsource Technologies Pvt Ltd is a Consulting Company working as a local strategic buying office for large international company manufacturing home and kitchen appliances and cookware. Sensory Solutions is a firm in partnership with his sons. The activity is to conduct training programs with corporate as well as individual customers.
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