India's IndusInd Bank appoints industry veteran Rajiv Anand as CEO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 04 2025
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Should l Buy ?
Source: Reuters
New CEO Appointment: IndusInd Bank has appointed Rajiv Anand as its new CEO for a three-year term starting August 25, following the Reserve Bank of India's approval. Anand previously served as deputy managing director at Axis Bank and was one of three shortlisted candidates.
Financial Recovery: The bank recently reported a return to profitability in the first quarter after experiencing significant losses due to misaccounting of internal derivative trades, which led to the resignations of its previous CEO and deputy.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
