IndusInd Bank has appointed Mr. Viral Damania as its new Chief Financial Officer (CFO), effective September 22, 2025. This decision was made by the Board of Directors during their meeting on the same date. Mr. Santosh Kumar will continue to be the Deputy CFO of the Bank.
CFO Appointment
Mr. Viral Damania has been appointed as the Chief Financial Officer (“CFO”) and Key Managerial Personnel of IndusInd Bank, effective September 22, 2025. The Board of Directors approved this appointment at a meeting held on the same day.
Leadership Transition
Consequent to Mr. Damania’s appointment, Mr. Santosh Kumar will no longer serve as Special Officer-Finance & Accounts. His categorization as a Key Managerial Person will also cease with immediate effect; however, he will continue in his role as the Deputy CFO of the Bank.
About Viral Damania
Mr. Damania is a qualified Chartered Accountant, Company Secretary, and Cost & Works Accountant. He also holds an ISACA certification in Information Systems Audit and Control.
He has over 27 years of professional experience across banking and professional services. He previously served as the Chief Financial Officer (CFO) for Bank of America India. Before that, he worked with Citibank N.A. in India, Bangladesh, and Sri Lanka, and with Price Waterhouse Coopers.
Source: BSE
