Sumant Kathpalia re-appointed MD & CEO of IndusInd Bank
Kathpalia has successfully led several leadership roles in his career spanning over 30 years with focus on driving business growth and innovation.
IndusInd Bank on Friday said Sumant Kathpalia has been re-appointed as the MD & CEO of the bank for two years.
"Reserve Bank of India vide its letter dated March 10, 2023 has conveyed its approval for re-appointment of Mr Sumant Kathpalia as Managing Director & CEO of the bank for a further period of 2 years with effect from March 24, 2023," it said in a regulatory filing.
Kathpalia has successfully led several leadership roles in his career spanning over 30 years with focus on driving business growth and innovation.
At IndusInd Bank, he has been part of the management team that joined the bank 15 years ago and has been pivotal in turning the bank around, it added.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
IRCTC Dividend 2024: Railway PSU announces 200% interim dividend - Check record date and other details
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000
09:57 AM IST