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India

Indusind Bank Ltd (INBK.BO)

INBK.BO on Bombay Stock Exchange

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Summary

Name Age Since Current Position

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

Sanjay Asher

2019 Non-Executive Independent Director

Sanjecv Asthana

2019 Additional Non-Executive Independent 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

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.

Sanjay Asher

Mr. Sanjay Asher is Non-Executive Independent Director of the Company. Mr. Sanjay Ashcr holds llachclor's Degrec in Commerce, and Ilachelor's I)cgrcc in Law from thc ljniversity ofBombay. Ilc is also a quaiificd Charlcred Accountant. Mr. Ashcr has bccn a Praotising Advocate since I991 and was L admitlcd as a Solicilor in the yca! !291, l1e is prescntly Ile has bcen a notcd spcakor at various sominars and conlorcnces including thosc organ;^d by Instiiutc oI Cha,"lorod Aocountants of India, Institutc ol' (irmpany Secrclarics of lndia, Ilombay Chamber of Commcrcc and Induslry, Intcrnalional financial Law Review, c1c

Sanjecv Asthana

Mr. Sanjecv Asthana serves as Additional Non-Executive Independent Director of the Company. He holds Post-Gradualc I)iploma in Rural Management from lnstilute of Rural Management (IRMA). He also holds Post-Graduate Diploma in International trade from lndian lnstitute of Foreign trade (llF'l'). Mr. Asthana is a rccognized IJusiness l,eader with 28 years of expcricnce, of which l5 ycars were at top Management lcvel in India and inlernationally, in Agriculture, Food, and Retail sectors. He has varied knowledge and widq experience in the 'Agriculture and Rural Economy' segment.

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