IndusInd Bank on Friday announced that its Chief Human Resources Officer and Senior Management Personnel, Zubin Mody, has resigned from his position after a two-decade-long association with the private lender.
His resignation, submitted via a letter dated July 25, 2025, will take effect from the close of business hours on October 24, 2025.
Mody’s exit was disclosed by the bank in a regulatory filing made under SEBI’s Listing Obligations and Disclosure Requirements (LODR) norms. The bank said the disclosure, along with Mody’s resignation letter, has been made available on its website.
In his letter addressed to the bank’s board, Mody wrote: “After 20 years of a remarkable and fulfilling career with the Bank, I wish to pursue new opportunities outside. Hence, I have made this very difficult decision to resign from the services of the Bank.”
He thanked the board, colleagues, and stakeholders for their support over the years.
“I take this opportunity to thank the Board, my colleagues and all stakeholders of the Bank for their trust and support during my tenure,” he said.
Mody also assured a smooth handover.
“I am committed to ensuring a smooth transition and I am available to support the Bank during this period, as required. I wish the Bank and my colleagues the very best for the future," Mody was quoted as saying in his resignation letter.
IndusInd Bank’s board took the resignation on record during its meeting on Friday, it said in a statement to the exchanges.
The bank did not name a successor and said Mody’s departure is due to personal reasons related to exploring opportunities outside the organisation.
The resignation marks the latest high-level change in leadership at the bank.
His resignation, submitted via a letter dated July 25, 2025, will take effect from the close of business hours on October 24, 2025.
Mody’s exit was disclosed by the bank in a regulatory filing made under SEBI’s Listing Obligations and Disclosure Requirements (LODR) norms. The bank said the disclosure, along with Mody’s resignation letter, has been made available on its website.
In his letter addressed to the bank’s board, Mody wrote: “After 20 years of a remarkable and fulfilling career with the Bank, I wish to pursue new opportunities outside. Hence, I have made this very difficult decision to resign from the services of the Bank.”
He thanked the board, colleagues, and stakeholders for their support over the years.
“I take this opportunity to thank the Board, my colleagues and all stakeholders of the Bank for their trust and support during my tenure,” he said.
Mody also assured a smooth handover.
“I am committed to ensuring a smooth transition and I am available to support the Bank during this period, as required. I wish the Bank and my colleagues the very best for the future," Mody was quoted as saying in his resignation letter.
IndusInd Bank’s board took the resignation on record during its meeting on Friday, it said in a statement to the exchanges.
The bank did not name a successor and said Mody’s departure is due to personal reasons related to exploring opportunities outside the organisation.
The resignation marks the latest high-level change in leadership at the bank.
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