Current Affairs - Awards and Honours - Discussion

Sumant Kathpalia has been reappointed as the Managing Director and Chief Executive Officer (MD & CEO) of IndusInd Bank for a three-year term from March 24, 2025, to March 23, 2028, pending approvals from the Reserve Bank of India (RBI) and shareholders. Since joining IndusInd Bank in 2007, Kathpalia has played a crucial role in the bank’s turnaround and growth, implementing effective strategies in financial management, investor relations, and digitization. His extensive 36-year banking experience includes significant positions at Citibank, Bank of America, and ABN AMRO.