Rajiv Anand Takes the Helm at IndusInd Bank Amid Challenges

Published On: 05/08/20250.6 min read

Rajiv Anand, an industry veteran and former asset manager-turned-banker, has been appointed as the new Managing Director and CEO of IndusInd Bank for a three-year term starting August 25, 2025. His appointment comes at a critical juncture for the bank, which recently faced leadership changes due to accounting discrepancies in its derivatives book. Anand’s vast banking experience is seen as a strategic asset for IndusInd Bank as it navigates through these challenges, aiming to restore investor confidence and stabilize its operations. Following his appointment, IndusInd Bank’s shares rallied nearly 6%, reflecting market optimism about his leadership. Investors and market watchers will be keenly observing how Anand leverages his expertise to address the bank’s current issues and drive growth in a competitive banking sector.

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