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India

Indusind Bank Ltd (INBK.BO)

INBK.BO on Bombay Stock Exchange

1,471.10INR
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Summary

Name Age Since Current Position

Ramaswamy Seshasayee

70 2007 Part-Time Non-Executive Chairman of the Board

Romesh Sobti

68 2008 Chief Executive Officer, Managing Director, Whole Time Director

S. Zaregaonkar

Chief Financial Officer

Ramaswamy Meyyappan

Chief Risk Officer

Haresh Gajwani

2006 Company Secretary

Rajiv Agarwal

2019 Additional Director

Shanker Annaswamy

2017 Non-Executive Independent Director

Siraj Chaudhry

52 2019 Additional Non-Executive Independent Director

Kanchan Chitale

2011 Independent Non-Executive Director

Akila Krishnakumar

56 2018 Additional Non-Executive Independent Director

T. T. Ram Mohan

62 2006 Non-Executive Independent Director

T. Anantha Narayanan

2004 Independent Non-Executive Director

Arun Tiwari

61 2018 Additional Non-Executive Independent Director

Raghunath Poojary

IR Contact Officer

Biographies

Name Description

Ramaswamy Seshasayee

Mr. Ramaswamy Seshasayee is an Part-Time Non-Executive Chairman of the Board of Indusind Bank Limited. He is a Chartered Accountant, is presently Non-executive Chairman on the Board of Infosys Ltd. He had been Non-Executive Vice Chairman of Ashok Leyland Ltd., since 2011, after having been the Managing Director for 13 years. He had held Directorship of ICICI Bank Ltd. from May 6, 1997 to October 31, 2003. Mr. Seshasayee has also been President of the Confederation of Indian Industry and of the President of the Society of Indian Automobile Industries. Mr. Seshasayee has been Part-time Chairman of IndusInd Bank since July 24, 2007.

Romesh Sobti

Mr. Romesh Sobti is an Chief Executive Officer, Managing Director, Whole Time Director of Indusind Bank Limited. He has joined the Bank as Managing Director & CEO, taking charge from Mr. Bhaskar Ghose. Prior to this assignment, Mr. Sobti was the Executive Vice President – Country Executive, India and Head, UAE and Sub-Continent, at ABN AMRO Bank N.V. He joined ABN AMRO in November 1990 and graduated from the position of a Chief Manager to the Country Executive over a period of 18 years. In his banking career spanning 33 years, Mr. Sobti has been associated with ANZ Grindlays Bank Plc (now Standard Chartered Bank) and State Bank of India in the past. He holds a Bachelors Degree (Honours) in Electrical Engineering and has also done his diploma in Corporate Laws and Practice and Secretarial Practice.

S. Zaregaonkar

Mr. S. V. Zaregaonkar is an Chief Financial Officer of Indusind Bank Limited. He is a qualified Chartered Accountant and a Post graduate in Commerce and a Law Graduate with CAIIB. He started his career as lecturer in Commerce in 1978. He joined Dena Bank in 1980 and had various stints in Branch Management and Credit before moving into the Accounts and Finance Department of the Bank. He joined IndusInd Bank in 1995 as Assistant Vice President in the Banking Operations & Administration Department. At present, he is Executive Vice President & CFO of the Bank.

Ramaswamy Meyyappan

Mr. Ramaswamy Meyyappan was Chief Risk Officer of the company. He is a qualified Chartered Accountant and MBA (University of Florida, USA), he has nearly 25 years of experience in the financial services sector. As Chief Risk Officer at IndusInd Bank, he is responsible for managing the various risk stripes as well as Financial Restructuring & Recovery. Started his career as a stock broker / portfolio manager with a leading equity brokerage firm in Chennai. When Infrastructure Development Finance Company was incorporated in 1997, he joined them as one of the initial employees and was involved in project finance appraisals. After a brief stint with GE Capital Finance, he started his career as a banker. His banking experience over the last 14 years has been gained while working with well-known foreign banks like Standard Chartered Bank, ABN AMRO Bank N.V. and J.P. Morgan Chase Bank, N.A., of which the last 11 years has been spent working across various risk management roles. His last assignment was with J.P. Morgan Chase Bank N.A., Mumbai where he spent 5.5 years with his last role there being as Chief Risk Officer.

Haresh Gajwani

Rajiv Agarwal

Shanker Annaswamy

Mr. Shanker Annaswamy is an Non-Executive Independent Director of the company. He holds a Bachelor of Engineering degree (B.E), in Electronics and Communications from Madras University and a Diploma in Business Management Education from AIMA, New Delhi. Mr. Shanker Annaswamy was the Managing Director of IBM India Private Limited from July 2004 to December 2012. He had also served as President and Chief Executive Officer for GE Medical Systems, South Asia and before that Managing Director of Wipro-GE Medical Systems. He was a member of NASSCOM’s Executive Council from 2004 to 2008 and Chairman of the CII National Committee of IP owners. He was also on the National Executive Committee of FICCI. In 2009, he was nominated to the Prime Minister's Advisory Group on Science and Technology. In 2009, Business Week listed him as among India’s 50 Most Powerful People. In October 2011, he was conferred the Best CEO – Multinational Company Award as part of Forbes India Leadership Awards 2011 for Transformational Leadership.

Siraj Chaudhry

Mr. Siraj Chaudhry is an Additional Non-Executive Independent Director of the Company. His tenure at Cargill spanned 22 years, and included key responsibilities and leadership role in India as Commodity Trading role in Geneva, Switzerland. Mr. Siraj chaudhry is actively involved in supporting social issues focusing on food and nutrition security, education and livelihood. llnder Mr. Chaudhry,s leadership, Cargill pioneered the concept of fortifying all its edible oils with vitamins A and D in India to deliver much needed micronutrients and to fight malnutrition in India. Mr. Chaudhry is Founder Member of the India Food Banking Network, which has set up a chain of food banks in the country.

Kanchan Chitale

Mrs. Kanchan U. Chitale is an Independent Non-Executive Director of Indusind Bank Ltd. She was the Senior Finance Manager at SICOM before she set up her own professional practice as a Chartered Accountant. At SICOM, she handled various functions including Project Assessment/Appraisal and Accounts. She managed the legal and the company’s Secretarial functions and operations of the newly set up State Government Corporation MOPEC while on deputation from SICOM during 1982-83. She also handled the overseas project assignment in Baghdad in 1982. In her practice for nearly 20 years, her main functional areas include Internal and Management Audits of corporates and specialised/concurrent audits of commercial banks and financial institutions. Mrs. Chitale has had extensive Internal Audit exposure as Associate Director of M/s M. P. Chitale & Co., a leading accounting firm in India associated with big corporate names in infrastructure/construction and in banking industries. She has contributed articles and given talks on professional topics at seminars and conferences.

Akila Krishnakumar

Mrs. Akila Krishnakumar is an Additional Non-Executive Independent Director of the Company. She was President - Global Technology and Country Head until February, 2013 forSunGard-aFortune 500 Company and a global leader in Financial Services Software. During her career spanning 30 years, she has led Technology-driven companies which were building enterprise-scale solutions across the world. Mrs. Akila Krishnakumar's focus has been on operational excellence, talent engagement and customer relevance, which repeatedly has delivered robust returns for the many businesses she managed. She had been on the Board of Stale Bank of Mysore from June 1, 2016 to March 31,2017.

T. T. Ram Mohan

Dr. T. T. Ram Mohan, Ph.D. is an Non-Executive Independent Director of the Company. He is a Professor of Finance & Economics at IIM Ahmedabad, graduated from IIT Bombay and IIM Calcutta and obtained his doctorate from Stern School of Business, New York University. Prof Ram Mohan worked in consultancy and in the financial sector before entering academics. He has been Divisional Manager, Tata Economic Consultancy Services, Head of Strategy, Standard Chartered Bank, India, Vice President in Bear Stearns, Hong Kong, and Head of Research, Birla Marlin Securities. For over 15 years, he wrote a fortnightly column for The Economic Times. Prof Ram Mohan’s research interests include banking sector reforms, privatisation and corporate governance. He was Visiting Faculty at Stern School of Business, NYU in 2001. He has served on numerous committees of RBI and has been member of the Primary Markets Advisory Committee of SEBI. He has also been on the Boards of several companies, including many in the financial sector: Brics Securities, IndusInd Bank, Rural Electrification Corporation, SBI Pension Fund, and SBICaps Securities. He has authored six books and numerous papers. His most recent title, Rethinc: What’s broke at today’s corporations and how to fix it, published by Penguin Random House, was judged the co-winner of the Best Business Book of the Year award at the Tata Literary Festival in November, 2015.

T. Anantha Narayanan

Mr. T. Anantha Narayanan is an Independent Non-Executive Director of Indusind Bank Limited. He is an Associate Member of the Institute of Chartered Accountants of India and Institute of Cost & Works Accountants of India, and Certified Associate of the Indian Institute of Bankers. He is the past Chairman of the Confederation of Indian Industry, Tamil Nadu Council. After a stint of 8 years with State Bank of India, Mr. Anantha Narayanan had a long association of 30 years with Ashok Leyland Ltd., where he held the position of ‘Executive Director’ for 12 years prior to his retirement. Apart from his vast experience in, and a deep knowledge of, Financial Management, Accountancy and Banking, Mr. Anantha Narayanan has long practical experience in Agriculture, being an avid Agriculturist engaged in evolving techniques relating to Organic Farming and Integrated Water Management. Mr. Anantha Narayanan has also made significant contribution in the preservation of many old temples in the South, as well as created awareness about them.

Arun Tiwari

Raghunath Poojary