IndusInd Bank Appoints New Head of Global Markets Group
IndusInd Bank Limited announced changes in its senior management on March 23, 2026. Mr. Siddharth Banerjee, the current Head of Global Markets Group, has resigned from his position, effective March 23, 2026, due to personal reasons. Simultaneously, Mr. Vasudeva Konda has been appointed as the new Head of Global Markets Group, also effective March 23, 2026.Mr. Konda holds a PGDM from IIM Kolkata and a B.Tech in Mechanical Engineering from IIT Madras. He brings over 26 years of experience from ICICI Bank, where he held roles in Treasury and Risk Management, overseeing activities such as managing the multicurrency balance sheet and liquidity.
Here's a summary of the key changes:
| Particulars | Mr. Siddharth Banerjee | Mr. Vasudeva Konda |
|---|---|---|
| Reason for change | Resignation | Appointment |
| Date of appointment/cessation | March 23, 2026 | March 23, 2026 |
| Brief Profile | Not applicable | Holds a PGDM from IIM Kolkata and a B.Tech in Mechanical Engineering from IIT Madras. Previously with ICICI Bank for 26 years in Treasury and Risk Management. |
| Relationship Disclosure | Not applicable | Not applicable |
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