Rajiv Anand appointed as Director in IndusInd Bank

IndusInd Bank has appointed Mr. Rajiv Anand (DIN:02541753) as ‘Additional Director’ in the category of Managing Director & CEO and Key Managerial Personnel of the Bank for a period of three years. The appointment is effective from August 25, 2025 upto August 24, 2028 (both days inclusive).

Mr. Rajiv Anand was Deputy Managing Director at Axis Bank. In this role, he led the Bank’s Wholesale Banking Business and was also responsible for driving the digital agenda of the Bank.

He has held key management positions at leading global financial institutions and in Capital Markets & Banking. He joined Axis Asset Management Co. Ltd. in 2009 as its founding Managing Director & CEO.

In his next assignment, he was appointed President of Retail Banking at Axis Bank. Subsequently, he was inducted into the Board of the Axis Bank and took over as the Head of Wholesale Banking. He holds a degree in Commerce and is a qualified Chartered Accountant.

Rajiv joined Axis Asset Management Co. Ltd. in 2009 as its founding Managing Director & CEO. In 2013, he was appointed President of Retail Banking at Axis Bank for a five-year term. As President of Retail Banking, he spearheaded the business with his sharp acumen, leading to the achievement of several key milestones. He has served on the Bank’s Board since 2013.

In 2018, he took on the role of Head of Wholesale Banking, guiding the business towards growth and sustainability. Since December 27, 2021, he has been Deputy Managing Director of the Bank, overseeing critical functions including Wholesale Banking, Digital Banking, Marketing, and Corporate Communications.

Rajiv is also a member of the Corporate Social Responsibility Committee, Committee of Directors, Stakeholders Relationship Committee, and the Committee of Whole Time Directors within the Bank. In addition, he serves on the National Committee on Banking at CII and holds the position of Senior Vice President at the Bombay Chamber of Commerce & Industry.

He is director on the Boards of Axis Bank UK Limited, Axis Max Life Insurance Company Limited and Bombay Chamber of Commerce and Industry. He holds a degree in Commerce and is a qualified Chartered Accountant.