bearish

Indusind Bank

Indian Banking’s Longest-Serving, Highest-Paid HR-Head Quits IndusInd Bank

2.2k Views28 Jul 2025 14:18
Boomeranged on Mon, 28 Jul 2025 14:41
Indusnd Bank's CHRO exit adds to the leadership vacuum in the bank and though it demonstrates a clean senior executive slate it heightens concerns of liquidity and further losses
SUMMARY
  • Zubin Mody, Chief Human Resources Officer (CHRO) abruptly quits Indusind Bank (IIB IN)
  • His resignation adds to the leadership vacuum at the top as the bank has no CEO or any executive directors on the board
  • Apparently the board of directors wants to reboot the bank with a clean senior executive slate
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