<ul><li>Sumant Kathpalia, former CEO of IndusInd Bank, is a veteran banker with over 35 years of experience in major multinational banks including Citibank, Bank of America, and ABN AMRO.</li><li>During his tenure, IndusInd Bank's stock price surged by 120% until troubles arose including discrepancies in derivatives portfolio and microfinance accounting issues.</li><li>Kathpalia resigned in April taking moral responsibility for the issues, following the departure of the bank's deputy CEO.</li><li>He played a crucial role in expanding IndusInd Bank's consumer banking division and introducing industry-first innovations to enhance customer experience.</li></ul>

Who Is Sumant Kathpalia? Veteran Banker Facing SEBI Heat Over IndusInd Bank Woes

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