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IndusInd makes senior-level rejigs

Business Standard

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December 10, 2025

IndusInd Bank has made a raft of senior-level appointments as it continues its operational overhaul to strengthen its leadership team after a turbulent phase triggered by derivatives loss.

- SUBRATA PANDA

The private lender on Tuesday announced several key appointments, including that of chief human resources officer (CHRO), a managing director & CEO for Bharat Financial Inclusion — its wholly owned subsidiary — a chief data officer, and a new head of wholesale banking at the bank.

The bank has appointed Amitabh Kumar Singh as CHRO, effective November 10.

Singh will also be part of the senior management personnel of the bank. He has previously worked with the ICICI group for 21 years. In his last assignment with the ICICI group, he was CHRO for ICICI Home Finance. Singh has spent eight years with ICICI Prudential life insurance, and 11 years with ICICI bank.

The CHRO position was vacant since July when Zubin Mody quit after a two-decade association with the bank.

Additionally, the bank said it has appointed Balaji Narayanamurthy as chief data officer.

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