Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Spencer Stuart to help pick new IndusInd CEO
Mint Hyderabad
|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.
Denne historien er fra May 01, 2025-utgaven av Mint Hyderabad.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Hyderabad
Mint Hyderabad
Nuclear recharge: Let's hedge our import bets
India's new nuclear law aligns our framework with global norms and looks set to revive a languishing source of clean energy. But don't give up on efforts to minimize import reliance
2 mins
December 19, 2025
Mint Hyderabad
Vishal Mart’s ascent is steady
Vishal Mega Mart Ltd has completed a year on the stock exchanges, and investors can scarcely complain.
2 mins
December 19, 2025
Mint Hyderabad
TVS Supply Chain moves NCLAT
TVS Supply Chain Solutions has moved appellate tribunal NCLAT, challenging an NCLT order which had rejected its plea to initiate insolvency against the Indian unit of telecom gear manufacturer ZTE.
1 min
December 19, 2025
Mint Hyderabad
Food delivery sees a 27% increase in employment
The sector directly employed 1.37 million workers in 2023-24, a 12.3% CAGR expansion
1 mins
December 19, 2025
Mint Hyderabad
Adani Infra to raise $1 billion via dollar bonds
Adani Infra is a subsidiary of Adani Properties Pvt Ltd (APPL), which is in turn held by the S.B. Adani Family Trust, a key promoter entity of the Adani Group.
1 mins
December 19, 2025
Mint Hyderabad
L Catterton bets on Haldiram Snacks
Consumer-focused global investment firm L Catterton has invested an undisclosed amount in Temasek-backed Haldiram Snacks Food Pvt. Ltd and entered into a strategic partnership, as private equity interest in India’s snacks and packaged foods sector continues to rise.
1 min
December 19, 2025
Mint Hyderabad
Accenture AI revenue tops $1 bn in Sep-Nov
The firm said it will stop disclosing standalone AI revenue going forward
2 mins
December 19, 2025
Mint Hyderabad
JSW Energy to raise project capacity
JSW Energy on Thursday announced plans to double the capacity of its Salboni thermal power project in West Bengal to 3,200MW, with the total investment expected to rise to around ₹40,000 crore, marking one of the largest private-sector power investments in the state.
1 min
December 19, 2025
Mint Hyderabad
Mitsui to bet on AM Green's clean push
Backed by the founders of Greenko, AM Green has signed a memorandum of understanding with Japan’s Mitsui & Co. for strategic collaboration on energy transition initiatives and potential investment pathways in low-carbon aluminium, the company said in a statement on Thursday.
1 min
December 19, 2025
Mint Hyderabad
Cash-rich Bharti Airtel eyes zero debt as Vodafone Idea borrows to stay afloat
appointing Gopal Vittal as executive vice chairman and Shashwat Sharma as chief executive officer effective 1 January 2026, along with a string of other changes in top management.
3 mins
December 19, 2025
Listen
Translate
Change font size