IndusInd Bank has announced the elevation of Santosh Kumar to the role of Deputy Chief Financial Officer (CFO). In his new capacity, Kumar will head the bank’s finance and accounts division until a full-time CFO is appointed. He has also been officially designated as a Key Managerial Personnel, reflecting his pivotal role in the organisation.
With over 20 years of experience in finance, accounting, taxation and cost management, Kumar has been a key figure at IndusInd Bank, previously serving as Chief Accountant. His promotion comes at a crucial time as the bank reinforces its financial oversight and governance structures, particularly in light of recent accounting lapse disclosures.
Before joining IndusInd Bank, Kumar served as Head – Financial Accounting and Reporting at ICICI Bank and has also worked with PwC, where he handled major projects related to compliance, risk assessment, and internal controls for large corporates. A Chartered Accountant and Cost Accountant by qualification, he brings with him a robust blend of technical expertise and strategic vision.
IndusInd Bank stated that Kumar’s appointment is aligned with its ongoing commitment to financial transparency, sound governance, and operational resilience.
