IndusInd Bank Appoints Ganesh Sankaran as Head of Wholesale Banking Group

IndusInd Bank Limited announced that Mr. Ganesh Sankaran has officially joined the Bank on December 8, 2025, as the Head of the Wholesale Banking Group. He will also serve as part of the Bank’s Senior Management Personnel, strengthening its leadership team and supporting the next phase of strategic growth. 

This appointment reflects the Bank’s focus on enhancing its corporate and institutional banking capabilities.

Appointment Details

Mr. Sankaran’s appointment is effective from December 8, 2025. As the new Head of the Wholesale Banking Group, he will be responsible for driving growth across corporate lending, capital markets, transaction banking, and institutional client relationships. 

His role will include steering business development, strengthening credit quality, and ensuring alignment with regulatory and risk management standards as part of the senior leadership framework.

Extensive Leadership Experience

With over three decades of experience, Mr. Sankaran brings deep expertise across Wholesale Banking, Retail Credit, and SME operations. His professional journey includes holding senior leadership roles at leading private sector banks such as Axis Bank, Federal Bank, and HDFC Bank. 

His career is marked by building scalable businesses, managing complex credit operations, and leading transformational initiatives that have contributed to sustained growth and operational excellence.

Beyond his executive roles, Mr. Sankaran has served on the boards of Axis Capital, Equirus Capital, and Fedbank Financial Services. 

He was also Executive Director and Board Member at Federal Bank, where he played a crucial role in strategy, credit policy, governance, and institutional strengthening. His blend of relationship management skills, product expertise, and board-level exposure positions him as a valuable addition to IndusInd Bank’s leadership.

IndusInd Bank Share Price Performance

On December 9, 2025, IndusInd Bank share price (NSE: INDUSINDBK) opened at ₹841.45, touching the day’s high at ₹845.50, as of 11:27 AM on the NSE.

Also Read: IndusInd Bank Unveils Major Restructuring Plan!

Conclusion

With the appointment of Mr. Ganesh Sankaran, IndusInd Bank reinforces its commitment to building a robust and future-ready Wholesale Banking franchise. His extensive experience, strategic vision, and proven track record are expected to support the Bank’s continued growth and enhance its standing in the competitive financial sector.

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