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flag IndusInd Bank’s treasury head is leaving in April amid ongoing leadership changes after a $230 million loss tied to governance issues.

flag IndusInd Bank’s treasury head Siddharth Banerjee is set to leave in April, according to three sources, adding to a wave of leadership changes following the bank’s record $230 million quarterly loss in March 2025 tied to governance and accounting issues. flag The departure comes after the exits of former CEO Sumant Kathpalia, Deputy CEO Arun Khurana, and Chairman Sunil Mehta. flag While Banerjee confirmed he remains employed, the bank has not publicly addressed his exit or named a replacement. flag IndusInd has appointed new CFO and HR chief, with CEO Rajiv Anand confirming ongoing hiring as part of restructuring.

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