Current Affairs - Awards and Honours - Discussion

IndusInd Bank appointed Viral Damania as its new Chief Financial Officer (CFO) and Key Managerial Personnel effective September 22, 2025. His appointment comes during a leadership restructuring following a significant accounting lapse that impacted the bank’s financial stability. Damania brings over 27 years of experience in banking and professional services, having previously served as CFO of Bank of America, India, and held roles with Citibank across India, Bangladesh, and Sri Lanka, as well as with PwC. His credentials as a Chartered Accountant, Company Secretary, and Information Systems Auditor strengthen his ability to enhance governance, restore investor confidence, and ensure accurate financial reporting at IndusInd Bank.