 "Rajiv Anand, Executive director & head of retail, Axis Bank")
IndusInd Bank late on Monday night announced the appointment of veteran banker Rajiv Anand as managing director (MD) and chief executive officer (CEO) for three years, effective August 25.
The appointment has been approved by the Reserve Bank of India (RBI), but is subject to shareholder approval. Anand was one of the three recommended by the bank’s board to the RBI for the position. The RBI had given the board until June 30 to submit its list of candidates for MD & CEO of the bank.
Anand’s appointment as MD & CEO follows the resignation of Sumant Kathpalia, former MD
