IndusInd Bank announced significant changes in its senior leadership structure, with two key executives resigning while the bank continues to strengthen its management team through strategic appointments.

Executive Departures

The bank confirmed that two senior executives have submitted their resignations to pursue opportunities outside the organization. The departing executives and their transition timelines are detailed below:

In his resignation letter, Anand indicated his intention to explore opportunities beyond the bank, while Behl expressed his desire to move into the insurance domain. These departures contribute to a pattern of senior-level exits that the bank has experienced over the past several months.

Leadership Strengthening Initiatives

Despite the departures, IndusInd Bank has been actively reinforcing its senior leadership bench through strategic appointments. The bank has made several key hires in recent months to strengthen its operational capabilities:

Strategic Leadership Transition

The simultaneous departures and appointments reflect IndusInd Bank's ongoing efforts to optimize its leadership structure. While the bank faces the challenge of senior executive exits, it has demonstrated proactive measures to fill critical positions and maintain operational continuity.

The appointments span across key functional areas including wholesale banking, data management, and human resources, indicating the bank's focus on strengthening core operational domains. The extended transition period for Anand until April 2026 suggests a planned handover process to ensure smooth operational continuity in customer management functions.

IndusInd Bank has received an ESG (Environmental, Social, and Governance) rating of 72 for FY 2025 from SES ESG Research Private Limited. The bank disclosed this information to stock exchanges on January 2, 2026, in accordance with regulatory requirements.

ESG Rating Details

The rating disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The communication was sent to the National Stock Exchange of India Limited, BSE Limited, and Luxembourg Stock Exchange.

Independent Assessment

IndusInd Bank emphasized that it did not engage SES ESG Research Private Limited for the ESG rating. The rating agency independently assigned the score based on publicly available information for FY 2025. This approach reflects the agency's methodology of conducting unsolicited assessments of companies' ESG performance.

Information Accessibility

The complete rating details assigned by SES ESG are available on the agency's website at www.sesesg.com . Additionally, IndusInd Bank has hosted this information on its official website at www.indusind.bank.in to ensure transparency and easy access for stakeholders.

Regulatory Compliance

The disclosure was signed by Rahul Joshi, Assistant Company Secretary of IndusInd Bank Limited, and digitally authenticated on January 2, 2026. This communication demonstrates the bank's commitment to maintaining transparency and adhering to SEBI's disclosure requirements regarding ESG ratings and assessments.