INDUSIND BANK LTD. - 532187 - Re-Appointment Of Mr. Sumant Kathpalia (DIN-01054434) As The Managing Director & CEO Of The Bank Subject To The Approval Of RBI And Shareholders Of The Bank.
This is to inform you that pursuant to the recommendation made by the Compensation and Nomination & Remuneration Committee, the Board of Directors of the Bank at its meeting held on September 15, 2022 has considered and approved the re-appointment of Mr. Sumant Kathpalia (DIN-01054434) as the Managing Director & CEO of the Bank, for a fu1ther period of three (3) years, with effect from March 24, 2023 up to March 23, 2026 (both days inclusive) subject to the approval of the Reserve Bank of lndia and the Shareholders of the Bank.15-09-2022