IndusInd Bank Limited announced the re-appointment of Sumant Kathpalia as Managing Director and Chief Executive Officer of the bank, with effect from March 24, 2023. According to the company’s exchange filing, “This is with reference to our letter dated March 10, 2023 with respect to re-appointment of Mr. Sumant Kathpalia (DIN: 01054434) as Managing Director…
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Sumant Kathpalia to succeed Romesh Sobti as MD and CEO of IndusInd Bank
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•Sumant Kathpalia, presently Head of Consumer Banking at IndusInd Bank will take over as the managing director and chief executive for the bank. The Reserve Bank of India has approved his appointment for a period of three years effective March 24, 2020. In their statement, the bank said – “As previously advised to the Exchanges,…