There is an important news about the private sector bank IndusInd Bank. The bank's Chief Financial Officer (CFO) Govind Jain has resigned from his post on 17 January (Saturday). Govind Jain has served as CFO of this bank for 3.25 years. IndusInd Bank has given information about this resignation in the stock exchange filing on 18 January.
While informing the shareholders and the exchanges about this, this private sector bank said that Govind Jain has resigned from the post of CFO of the bank due to another professional opportunity.
According to the exchange filing, Jain will be relieved of his responsibilities after completing the 90-day notice period. During this time, he will also assist in the process of transfer of charge till April 17. He has also given information about visiting the US. Who will be the new CFO of IndusInd Bank? The bank also informed on Saturday that Arun Khurana will be the new CFO of IndusInd Bank. Arun Khurana is currently also a whole-time director and deputy CEO of the bank. From January 21, 2025, Arun Khurana will also take additional charge as Chief Financial Officer. Apart from this, he will also continue in his current role in the bank. Khurana's appointment will be effective from January 21, 2025. Arun Khurana is a qualified chartered accountant and has more than 30 years of experience in the banking sector. He has also worked with HSBC. IndusInd Bank's share performance Talking about the share performance of IndusInd Bank, it closed at ₹ 972.90 per share on Friday with a decline of a quarter percent. In the last 52 weeks, this stock has hit a high of ₹ 1,677.05 per share and a low of ₹ 926.56 per share. In the last 6 months, this stock has seen a decline of 32%. At the same time, this decline is about 38% in the last one year. The market capitalization of IndusInd Bank is currently above ₹ 75.5 thousand crores.
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