IndusInd Bank announces appointment of Rajiv Anand as MD & CEO

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Mumbai: The Board of Directors of IndusInd Bank Limited today approved the appointment of Rajiv Anand as the Managing Director and Chief Executive Officer of the Bank effective from August 25, 2025 for three years.

Rajiv Anand has an exemplary career spanning over 35 years across multiple facets of the banking and financial industry. In his most recent role, Rajiv was associated with Axis Bank Limited as the Deputy Managing Director. Rajiv has a strong track record of scaling retail and corporate businesses with expertise in capital markets, treasury and asset management.

By this appointment, the Bank has delivered on its commitment of expeditiously identifying the MD & CEO with the right competencies and strong values.

Commenting on this appointment, Mr. Sunil Mehta, the Chairman of the Board of Directors, IndusInd Bank said: “On behalf of the Board, I congratulate Rajiv Anand on his appointment as the MD & CEO of the Bank. The Board looks forward to working closely with Rajiv and the management team to deliver strong and robust growth while prioritizing highest standards of governance. The Board would like to express its gratitude to the Reserve Bank of India for its invaluable support throughout the process. The Board, the Management team and all employees look forward to welcoming Rajiv to the IndusInd family and growing this franchise to it’s full potential.”


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