Business Standard

Indusind Bank finalises 'potential successor' to MD & CEO Ramesh Sobti

Sobti's tenure comes to end in March 2020, when he turns 70

IndusInd Bank

IndusInd Bank

Nidhi Rai Mumbai
Indusind Bank on Thursday informed exchanges that it has selected a potential successor to Ramesh Sobti, the current MD and CEO of the bank. However, it did not name the successor.  

In a statement, the bank said, "As mandated under the extant RBI norms, the bank has submitted an application to the Reserve Bank of India (RBI), seeking approval for the appointment of the new MD & CEO of the bank".

Three names which are doing rounds for the corner-room are Sumant Kathpalia, the lender’s head of consumer banking, Paul Abraham, the current chief operating officer and Suhail Chander, head of corporate

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First Published: Oct 31 2019 | 8:50 PM IST

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