IndusInd Bank Share Price in Focus; Chief Transformation Officer Shiv Bhasin Resigns

IndusInd Bank has announced the resignation of its Chief Transformation Officer and senior management personnel, Shiv Bhasin, marking a leadership change at the private sector lender. 

Key Development 

The bank informed stock exchanges that Shiv Bhasin tendered his resignation on December 17, 2025. His resignation will be effective from the close of business hours on January 16, 2026.  

IndusInd Bank stated that Bhasin has stepped down to pursue opportunities outside the organisation. 

Other Details 

In his resignation letter, Bhasin said it had been a privilege to serve the bank during a phase of significant transformation.  

He acknowledged the support of the board, management committee and colleagues, noting that foundational work had been laid across transformation initiatives, data and technology modernisation, governance and operating effectiveness. He also committed to ensuring a smooth transition of responsibilities during the notice period. 

Read More: IndusInd Bank Appoints Ganesh Sankaran as Head of Wholesale Banking Group! 

IndusInd Bank Share Price Performance  

As of December 18, 2025, at 9:22 AM, IndusInd Bank share price is trading at ₹826.45 per share, reflecting a decline of 0.89% from the previous closing price.  

Conclusion 

The exit comes at a time when IndusInd Bank continues to focus on operational efficiency and transformation, with the bank stating that it will ensure continuity across ongoing initiatives. 

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