Rajiv Anand appointed MD & CEO of IndusInd Bank

Prior to this, Rajiv Anand was Deputy Managing Director at Axis Bank

by e4m Desk
Published: Aug 5, 2025 12:18 PM | 2 min read

IndusInd bank has announced the appointment of Rajiv Anand as its new Managing Director (MD) and Chief Executive Officer (CEO) , following the Reserve Bank of India's (RBI) approval, the company informed in a regulatory filing.

Rajiv's appointment is for a period of three years, with effect from August 25, 2025 up to August 24, 2028, subject to the approval of the Shareholders of the Bank, the filing added. The bank's Board of Directors confirmed the decision during a meeting on August 4, 2025.

“We hereby inform, that the Board of Directors, basis approval of Reserve Bank of India, have at their meeting held today, August 4, 2025, approved the appointment of Mr. Rajiv Anand as ‘Additional Director’ in the category of Managing Director & CEO and Key Managerial Personnel of the Bank for a period of three years. The appointment is effective from August 25, 2025 upto August 24, 2028 (both days inclusive), subject to the approval of the Shareholders of the Bank”, the filing stated.

Prior to this, Rajiv Anand was Deputy Managing Director at Axis Bank. In this role, he led the Bank's Wholesale Banking Business and was also responsible for driving the digital agenda of the Bank. He has held key management positions at leading global financial institutions and in Capital Markets & Banking.

He joined Axis Asset Management Co. Ltd. in 2009 as its founding Managing Director & CEO. Later, he was appointed President of Retail Banking at Axis Bank. Subsequently, he was inducted into the Board of the Axis Bank and took over as the Head of Wholesale Banking. He holds a degree in Commerce and is a qualified Chartered Accountant.