StockWatch
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Private Sector Bank
Management Change30 Apr 2026, 03:55 pm

IndusInd Bank Announces Changes in Senior Management Personnel

AI Summary

IndusInd Bank Ltd has disclosed an updated list of its Senior Management Personnel (SMP) as per SEBI Listing Regulations. The updated list comprises 15 individuals holding key positions such as Chief Human Resources Officer, Company Secretary, General Counsel, Chief Financial Officer, and Executive Directors. Concurrently, five individuals — Mr. Indrajit Yadav, Mr. Samir Dewan, Ms. Shruti Kumar, Mr. Sriram A G, and Mr. Soumitra Sen — ceased to be SMPs as of April 30, 2026. The reasons for these cessations include changes in reporting hierarchy, change in profile, and superannuation for Mr. Soumitra Sen.

Key Highlights

  • IndusInd Bank updated its Senior Management Personnel list.
  • Five individuals ceased to be SMPs as of April 30, 2026.
  • Reasons include reporting hierarchy changes, profile changes, and superannuation.
  • The bank's updated SMP list now includes 15 key personnel.