Sumant Kathpalia appointed as IndusInd Bank’s Managing Director and CEO for 3 years

One of India’s leading private sector banks, IndusInd Bank has appointed Sumant Kathpalia as the Managing Director and CEO for a period of three years.

As the previous MD & CEO of the bank Romesh Sobti retired, after holding the top position for 12 years, this appointment has been approved. Sumant Kathpalia has more than three decades of experience in multi-national banks such as Citibank and Bank of America. He had previously served as the Head of Consumer Banking in the same bank.