Edition:
India

Indusind Bank Ltd (INBK.NS)

INBK.NS on National Stock Exchange of India

507.20INR
14 Aug 2020
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Summary

Name Age Since Current Position

Arun Tiwari

62 2020 Part-time Chairman of the Board

Sumant Kathpalia

2020 Chief Executive Officer, Managing Director

S. Zaregaonkar

Chief Financial Officer

Ramaswamy Meyyappan

Chief Risk Officer

Haresh Gajwani

2006 Company Secretary

Rajiv Agarwal

2019 Additional Non-Executive Independent Director

Shanker Annaswamy

2017 Non-Executive Independent Director

Sanjay Asher

2019 Non-Executive Independent Director

Bhavna Doshi

66 2020 Additional Non-Executive Independent Director

Akila Krishnakumar

57 2018 Additional Non-Executive Independent Director

T. T. Ram Mohan

63 2006 Non-Executive Independent Director

Raghunath Poojary

IR Contact Officer

Biographies

Name Description

Arun Tiwari

Shri. Arun Tiwari serves as Part-time Chairman of the Board of the Company. He has over 38 years of experience in Banking and Financial Market Operations. Mr. Tiwari had been Chairman & Managing Director of Union Bank of India from December 2013 to June 2017. Prior to that, Mr. Tiwari was Executive Director of Allahabad Bank from June 2012 to December 2013. He has, in the past, also held the position of Deputy Chairman of Indian Bank’s Association, and has been Member of Governing Council of Indian Institute of Banking & Finance. Mr. Tiwari is Member of the Governing Council, Bankers Institute of Rural Development.

Sumant Kathpalia

Mr. Sumant Kathpalia has been appointed as Chief Executive Officer, Managing Director of the Company effective 3/24/2020. He qualified Chartered Accountant, he has over 20 years of rich experience in banking, having worked with prestigious foreign banks like Citibank N.A. and Bank of America. Prior to joining IndusInd Bank, he was the Head – Consumer Banking at ABN AMRO Bank N.V. He has been associated with ABN AMRO Bank for 8 years. He has had a vast variety of experience in consumer banking, project management, credit cards, bancassurance, wealth management and consumer finance.

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

Bhavna Doshi

Mrs. Bhavna Doshi serves as Additional Non-Executive Independent Director of the Company. Mrs. Bhavna Doshi is a Fellow Member of the Institute Chartered Accountants of India and holds Masters Degree Commerce from the Universitv of Mumbai. Mrs. Doshi provides advisory services in the fields of Taxation, Accounting, Corporate and Regulatory matters, and has rich experience of over three decades. She is a former Partner of a member firm of KPMG in lndia, and has also been a Senior Advisor to KPMG in lndia. Mrs. Doshi was an elected Member of the Council of lnstitute of Chartered Accountants of India (ICAI), where she served on various Commiftees. She also served as Chairperson of Accounting Standards Board and as Chairperson and member of the Research Committee of ICAI. Mrs. Doshi has also contributed to the 'Vision Exercise' for ICAI. Mrs. Doshi has also served on the Govemment Accounting Standards Advisory Board, constituted by the Comptroller and Auditor General of India. Mrs. Doshi was President of the Indian Merchants Chamber (IMC), and is currently serving on the President's Advisory Committee at IMC. Mrs. Doshi has had an exemplary academic career and was ranked 2"d at All-India Level at both, Intermediate and Final CA examinations. She has also won the 'Best Lady Candidate Award'.

Akila Krishnakumar

Mrs. Akila Krishnakumar serves as 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.

Raghunath Poojary

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