IndusInd Bank Strengthens Its Leadership Team With Key Appointments

IndusInd Bank Strengthens Its Leadership Team With Key Appointments

Mumbai, October 09, 2025: IndusInd Bank has announced strategic leadership appointments as part of its broader vision to accelerate growth across its banking business. These appointments are aimed at strengthening the bank’s leadership bench, enhance core capabilities, and expand its presence across key business segments, supporting its long-term ambition of sustainable value creation.

The key leadership appointments at IndusInd Bank include:

• Mr. Viral Damania – Chief Financial Officer

Mr. Viral Damania is a seasoned finance leader with over 27 years of professional experience across global financial services. His expertise spans Controllership, Business Planning, Corporate Treasury, Treasury Product Control and Audits. Mr. Viral Damania is a qualified Chartered Accountant, Company Secretary, and Cost & Works Accountant. Till recently, he was the Chief Financial Officer (CFO) for Bank of America India, where he oversaw the Bank branch entity and BofA Securities India Ltd. He served as a member of the country leadership team and was also a non-executive director on the board of BofA Securities India Ltd. Prior to Bank of America, he worked with Citibank N.A. in India, Bangladesh, and Sri Lanka and with Price Waterhouse Coopers. Mr. Damania also holds an ISACA certification in Information Systems and Audit and Control.

• Mr. Anand Vardhan – General Counsel

Mr. Anand Vardhan is a seasoned legal professional with over 26 years of expertise spanning legal documentation, dispute resolution, stressed asset management, regulatory compliance, and strategic partnerships. He has held senior legal leadership roles across Piramal Group, SUN-Apollo Ventures, HDFC Property Fund, ICICI Bank, and Tata Housing, bringing deep experience in handling complex legal and regulatory matters.

• Ms. Pragati Gondhalekar as Head – Internal Audit (HIA)

Ms. Pragati Gondhalekar brings over 27 years of global audit and consulting experience within the financial services sector. She brings wealth of expertise in strategic audit leadership, regulatory compliance, risk management, digital transformation, and Board governance. Prior to this, she served as Country Head – Group Audit, India at Deutsche Bank and has held leadership roles at L&T Financial Services, PwC and other reputed organizations. She is a Chartered Accountant from India and Canada, Certified Internal Auditor (CIA) and Certified Public Accountant (CPA) from USA.

• Mr. Pankaj Sharma – Head, Business Transformation

A seasoned banker with over 25 years of experience in the financial sector specializing in driving transformation, digital banking, and payments business, Mr. Pankaj Sharma will be leading the business transformation agenda across IndusInd Bank, ensuring scalable and sustainable growth of business. Previously, he served as Chief Strategy and Transformation Officer at Yes Bank and has held leadership roles at Axis Bank, RBL Bank & ICICI Group.

• Ms. Sheran Mehra – Chief Marketing Officer

Ms. Sheran Mehra is a veteran marketing leader with over 27 years of experience driving consumer growth and digital transformation across top global brands. Most recently, Sheran was Chief Business Officer at Tata Digital, where she spearheaded the launch and scale-up of Tata Neu, India’s first super-app, and led the pivot of acquisition and loyalty. Further, she has held senior leadership roles at DBS Bank, Barclays, HSBC, and Ogilvy.

Through these appointments, IndusInd Bank aims to reinforce the depth and diversity of its leadership team to drive efficiency, deliver wider pool of financial solutions, and create greater value for its customers and stakeholders. The Bank remains committed to building a future-ready organization anchored in trust, innovation, and customer-centricity.