Romesh Sobti re-appointed as MD & CEO of IndusInd Bank

The Reserve Bank of India has conveyed its approval for the re-appointment of Romesh Sobti as managing director & CEO of IndusInd Bank for a further period of three years.

This will be with effect from February 1, a press release issued here today stated.

Sobti joined IndusInd Bank on February 1, 2008. In the past three years, the bank has seen a magnificent turnaround in profitability/productivity and the health of its loan book.

The bank is now well-capitalised and positioned for robust growth in the next three years, the release said.