Mumbai: IndusInd Bank Limited has officially named Rajiv Anand as its new Managing Director and Chief Executive Officer (MD & CEO), effective August 25, 2025. The Board of Directors approved his appointment for a three-year term, marking a strategic leadership transition aimed at driving the next phase of the bank’s growth.
Rajiv Anand, a seasoned leader with more than 35 years of experience in the financial services industry, most recently served as the Deputy Managing Director at Axis Bank.
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Rajiv Anand: Strategic Foresight and Execution Capabilities
His illustrious career spans a wide array of banking functions, including retail and corporate banking, capital markets, treasury operations, and asset management.
Known for his strategic foresight and execution capabilities, Anand has consistently delivered business growth and operational excellence throughout his career.
With this leadership decision, IndusInd Bank has demonstrated its commitment to quickly onboarding a visionary leader who embodies strong values and deep industry expertise.
Commenting on the appointment, Sunil Mehta, Chairman of the Board, IndusInd Bank, said: “On behalf of the Board, I extend our warmest congratulations to Rajiv Anand on his appointment as the MD & CEO.
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We are confident in his ability to steer the bank toward sustained growth while upholding the highest standards of governance and compliance. The Board also expresses its gratitude to the Reserve Bank of India for its support throughout the selection process.”
The appointment of Rajiv Anand is expected to strengthen IndusInd Bank’s strategic direction and enhance its competitive positioning in India’s evolving banking landscape.
