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Indusind CEO Anand charts 3-year turnaround strategy
Mint Chennai
|November 10, 2025
He aims to rebuild trust among investors, promising higher compliance and transparency
Rajiv Anand, the former Axis Bank executive, took charge as IndusInd Bank's chief executive officer on 25 August after leadership exits following a ₹1,959 crore derivatives loss.
IndusInd Bank's new chief executive has a plan. Having come in at a crucial juncture, Rajiv Anand wants to reinstate trust in the lender, some of which was seemingly eroded after a ₹1,959 crore derivatives fiasco swept through the bank, leading to changes at the top.
Anand, came out of retirement from Axis Bank to head the Hinduja Group-backed private sector lender on 25 August. Before Anand's tenure, IndusInd Bank witnessed its incumbent chief executive Sumant Kathpalia and deputy chief executive Arun Khurana exit unceremoniously and under a cloud of alleged insider trading.
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