IndusInd Bank CEO Succession: Shortlist Forwarded to Central Bank, Sources Say

In a significant development for India’s banking sector, IndusInd Bank has finalized its shortlist of candidates for the next Chief Executive Officer (CEO). The list is forwarded to the Reserve Bank of India (RBI) for approval. According to people familiar with the matter, the bank is moving quickly to ensure a smooth transition as the tenure of the current IndusInd Bank CEO, Sumant Kathpalia approaches its end in March 2025.