Bhavesh Gupta

IndusInd Bank has announced the appointment of Industry Veteran Rajiv Anand as its new Managing Director and Chief Executive Officer for a three-year term, subject to shareholder approval. The appointment was disclosed in an official exchange filing and marks a significant leadership transition for the private sector lender. Rajiv Anand brings with him over 30 years of experience in the banking and financial services industry. Prior to this role, he served as Deputy Managing Director at Axis Bank, where he also held several key leadership positions, including Executive Director – Retail Bank and Group Executive & Head of Retail Banking. He also served as the MD & CEO of Axis Asset Management. Anand’s extensive career includes senior roles at Standard Chartered Bank and Bandhan Mutual Fund. He began his journey in global markets with HSBC and ANZ, building a solid foundation in capital markets and financial strategy. His appointment signals IndusInd Bank’s focus on strengthening leadership to drive future growth and innovation. #RajivAnand #IndusIndBank #BankingLeadership #MDCEOAppointment #AxisBankAlumni #PrivateBanking #IndianBanking #FinancialServices #LeadershipTransition #BankingNews

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IndusInd Bank has appointed Rajiv Anand as its Managing Director and Chief Executive Officer for a three‑year term beginning August 25, 2025, and ending August 24, 2028. The board officially approved the appointment on August 4, following regulatory clearance from the Reserve Bank of India (RBI).   The leadership change follows the resignation of former CEO Sumant Kathpalia, who stepped down in April amidst a ₹1,960 crore derivatives accounting scandal that severely impacted the bank’s governance credibility and profitability. Anand is the first external appointment to the CEO role in over a decade, signaling a shift in governance and leadership selection strategy for the bank.   Investors welcomed the appointment, sending IndusInd Bank’s shares up sharply—surging over 4 % intraday—to reflect renewed market confidence in leadership stability and strategic outlook.   Anand is a pioneer of the banking industry, having worked with companies like HSBC Bank, ANZ Grindlays Bank, IDFC Asset MNGT Co. Pvt. Ltd. (Bandhan Mutual Fund), Standard Chartered Bank, and Axis Bank. #ThePortfolioMagazine #Leadership #BankingIndustry #IndusIndBank #RajivAnand #CorporateGovernance #Investment #FinancialLeadership #BankingReforms #CEOAnnouncement #BusinessNews #RBI #BankingSector #IndiaEconomy 

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Foxhog has officially commenced its operations in Hyderabad, establishing its regional office at Sattva Knowledge Park, one of the city’s leading business hubs. Foxhog’s entry into the region marks a significant milestone with the launch of its flagship product from the lending segment — FINKO Microfinance. Read the Whole News : https://lnkd.in/gtuRRJyM #foxhogventures #foxhoghyderabad #foxhogindianews

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