IndusInd Bank Share Price in Focus; Appoints Ravi Pangal as Chief Information Officer

IndusInd Bank Limited informed stock exchanges on January 28, 2026, about a change in its senior management structure through the designation of its Chief Information Officer as part of the Senior Management Personnel. 

Change in Senior Management Personnel at IndusInd Bank 

Pursuant to Regulation 30 of the SEBI Listing Regulations, the Bank announced that Mr. Ravi Pangal, currently serving as Chief Information Officer, has been designated as Senior Management Personnel with effect from January 28, 2026.  

The disclosure has been made in compliance with Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. 

Appointment Effective Date and Regulatory Disclosure 

The designation became effective on January 28, 2026. The Bank confirmed that the required details have been disclosed in line with SEBI Circular dated November 11, 2024. This information has also been made available on the official website of IndusInd Bank. 

Professional Background of Ravi Pangal 

Mr. Ravi Pangal holds a Master of Computer Applications and a Bachelor of Science degree in Mathematics and Statistics from Bharathiar University. Prior to joining IndusInd Bank, he served as Global Chief Information Officer for Core Banking and Bangalore Centre Head at HSBC. 

Read More: IndusInd Bank Q3FY26 Earnings Results Out: Profit Recovers Sequentially, But Yearly Performance Remains Weak! 

Previous Leadership Experience 

His earlier roles include Centre Head Technology at Standard Chartered Scope International, Technology Project Director at ANZ Bank, and senior positions in strategy, programme management and information systems. He has also worked with Reuters, ICICI Infotech and Wipro Systems in various technology leadership roles. 

The Bank clarified that there is no relationship between Mr. Ravi Pangal and any of the Directors of IndusInd Bank. 

IndusInd Bank Share Price Performance  

As of January 29, 2026, at 9:26 AM, IndusInd Bank share price on NSE was trading at ₹894.65 down by 0.78% from the previous closing price. 

Conclusion 

The designation of the Chief Information Officer as Senior Management Personnel reflects an update in IndusInd Bank’s management structure, as formally disclosed to the stock exchanges on January 28, 2026. 

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