IndusInd Bank has begun the search for a new Chief Executive Officer as the tenure of current MD & CEO, Sumant Kathpalia, approaches its conclusion. The bank is reportedly in the early stages of identifying potential successors, with internal and external candidates under consideration.
Kathpalia, who has been at the helm since March 2020, is expected to complete his term in early 2025. The selection process will involve approvals from the board and the Reserve Bank of India (RBI), as per regulatory norms.
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