Prøve GULL - Gratis
Spencer Stuart to help pick new IndusInd CEO
Mint Mumbai
|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 Mumbai.
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 Mumbai
Mint Mumbai
Al is rewriting the script
In a surprisingly short period of time, Artificial Intelligence has ripped into every aspect of life, business, arts, leisure, society, entertainment.
1 mins
January 24, 2026
Mint Mumbai
Adani Group shares fall up to 15% after US SEC move
News of the US market regulator seeking to send summons in a bribery case directly to Adani Group promoter Gautam Adani and his nephew Sagar sent the group’s listed stocks tumbling between 3% and 15% on Friday.
2 mins
January 24, 2026
Mint Mumbai
The unseen hands behind India's rich botanical history
H.J. Noltie's new work sheds light on the lives of painters who were largely erased by their British colonial masters
4 mins
January 24, 2026
Mint Mumbai
A commitment to elevating patient care standards at CARE CIIGMA Hospitals
Founded in 2007 by Dr Unmesh Vidyadhar Takalkar, CIIGMA Hospital has emerged a revolutionary force in the healthcare landscape of Marathwada.
2 mins
January 24, 2026
Mint Mumbai
Vastu corrections without demolition
Internationally renowned Vastu expert Vimal Jhajharia and his son Vikas Jhajharia-an MBA from Australia-offer nondestructive Vastu corrections for toilets facing northeast, for homes that are south-facing, for the quick sale of land, various financial issues, health problems, matrimonial problems and so on.
1 min
January 24, 2026
Mint Mumbai
Budget may ease MSME debt woes
Proposal includes doubling repayment period before NPA label
3 mins
January 24, 2026
Mint Mumbai
FPI exits, earnings upset slam Street
Indian equities ended the week battered and bruised, as sustained foreign portfolio investor (FPI) outflows, weakening earnings momentum and pre-budget jitters combined to drag benchmark indices sharply lower.
2 mins
January 24, 2026
Mint Mumbai
WhiteSpace Consulting & Capability Building: Healthcare consulting that delivers
In healthcare and life sciences, ideas are abundant.
1 min
January 24, 2026
Mint Mumbai
‘Train Dreams’ and the magic of the ordinary
Clint Bentley's film, starring Joel Edgerton, is a mysterious and intimate frontier story
3 mins
January 24, 2026
Mint Mumbai
Trai starts review of DLC tariffs after 10 yrs
Banks, IT firms and data centres could see price changes for the private high-speed broadband lines they use to move data securely and run critical operations, as the telecom regulator has initiated its first review of domestic leased circuits (DLCs) prices in over a decade.
1 min
January 24, 2026
Listen
Translate
Change font size

