Versuchen GOLD - Frei
Spencer Stuart to help pick new IndusInd CEO
Mint Kolkata
|May 01, 2025
Lender may also look at other search firms for other senior positions
IndusInd Bank has shortlisted Spencer Stuart to search for a new chief executive after Sumant Kathpalia stepped down Tuesday as its managing director and CEO. The bank, which a committee of executives will run for now, is expected to finalize its new chief in a couple of months, said senior executives aware of the development.
IndusInd Bank's deputy CEO Arun Khurana also resigned this week after accounting discrepancies were recently discovered in the bank's derivatives portfolio.
"Spencer Stuart was selected in March and the search for the new CEO should get over in the next couple of months. For good corporate governance, the bank may look at other search firms for its other senior positions or even take someone internally. But Spencer Stuart will take care of the CEO mandate," said a senior executive aware of the development.
Diese Geschichte stammt aus der May 01, 2025-Ausgabe von Mint Kolkata.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Kolkata
Mint Kolkata
Reliance’s oil & gas slump drags down Q3 earnings
Profit up just 2% in December quarter despite improved results of other verticals
2 mins
January 17, 2026
Mint Kolkata
Will Manish Mehrotra bring Delhi's crown back?
The chef opens Nisaba in the Humayun’s Tomb Museum Complex this weekend, signalling the Capital's place as a dining destination
4 mins
January 17, 2026
Mint Kolkata
Budget may allocate ₹28,000 crore to food processing schemes
The Centre is considering a significant expansion of its flagship food processing schemes, with a proposed allocation of around ₹28,000 crore over the next five years in the upcoming Union budget to boost value addition, reduce post-harvest losses and improve farmers’ incomes through better market linkages, according to two government officials aware of the matter.
2 mins
January 17, 2026
Mint Kolkata
Sneh Rana's roller-coaster of a year
A season that began with rejection ended with a World Cup and a record contract for Sneh Rana
5 mins
January 17, 2026
Mint Kolkata
The language of flower emojis
Physical flowers are a too-grand gesture IRL, but flower emojis have taken over texts as hearts seem too demonstrative
4 mins
January 17, 2026
Mint Kolkata
Job applicants are winning the AI arms race against recruiters
before they even think to apply.
1 min
January 17, 2026
Mint Kolkata
Indian markets on mute amid mixed December qtr earnings
Indian stock markets wrapped up the week largely flat as investors parsed the first batch of December-quarter earnings, finding no clear cues to take fresh positions in the week ahead.
1 mins
January 17, 2026
Mint Kolkata
Tennis season shifts into high gear
The new year, which has already seen 10 tournaments so far, is now set for the first Grand Slam of 2026, the Australian Open
5 mins
January 17, 2026
Mint Kolkata
Sebi floats reforms to ease FPI fund settlement, KYC
Acting on market feedback, the Securities and Exchange Board of India (Sebi) released a consultation paper on Friday that proposes to allow foreign portfolio investors (FPIs) to net funds, a move aimed at easing settlement rules to lower funding costs and address operational inefficiencies.
1 min
January 17, 2026
Mint Kolkata
Shark Tank fame doesn’t guarantee success
“What it creates is a sharp visibility spike that reduces consumer hesitation during the first purchase, but that effect typically normalizes within a year unless founders build strong repeat demand and unit economics.”
3 mins
January 17, 2026
Listen
Translate
Change font size