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Axis Bank’s Rajiv Anand Joins IndusInd Bank As MD & CEO

With over 35 years of experience in retail and corporate banking, capital markets, treasury, and asset management, Rajiv Anand has joined IndusInd Bank as Managing Director and CEO for a three-year term.

MM Desk by MM Desk
August 5, 2025
in Business, People Spotting
A A
Rajiv Anand, IndusInd Bank, MD & CEO appointment, Axis Bank, banking leadership India, IndusInd Bank CEO 2025, retail banking India, corporate banking, capital markets expert, Indian banking executive, RBI appointment approval, Sunil Mehta IndusInd Axis Bank’s Rajiv Anand Joins IndusInd Bank As MD & CEO

The Board of Directors of IndusInd Bank Limited today approved the appointment of Rajiv Anand as the Managing Director and Chief Executive Officer of the Bank effective from August 25, 2025 for three years. The appointment comes via a regulatory filing.

Rajiv Anand has an exemplary career spanning over 35 years across multiple facets of the banking and financial industry. In his most recent role, Rajiv was associated with Axis Bank Limited as the Deputy Managing Director. Rajiv has a strong track record of scaling retail and corporate businesses with expertise in capital markets, treasury and asset management.

By this appointment, the Bank has delivered on its commitment of expeditiously identifying the MD & CEO with the right competencies and strong values.

Commenting on the development, Sunil Mehta, Chairman of the Board of Directors, IndusInd Bank, said, “On behalf of the Board, I congratulate Rajiv Anand on his appointment as the MD & CEO of the Bank. The Board looks forward to working closely with Rajiv and the management team to deliver strong and robust growth while prioritizing the highest standards of governance. The Board would like to express its gratitude to the Reserve Bank of India for its invaluable support throughout the process. The Board, the Management team and all employees look forward to welcoming Rajiv to the IndusInd family and growing this franchise to its full potential.”

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