Sumant Kathpalia appointed as CEO of IndusInd Bank

Indian private sector lender IndusInd Bank recently announced that the Reserve Bank of India (RBI) has approved the appointment of Sumant Kathpalia as the Chief executive.

Sumant Kathpalia is currently serving as the head of Consumer banking business of the bank. He is to replace the incumbent Chief Executive Romesh Sobti and to take charge from 24 March, 2020 for three years.