Patange will stop to carry the place of Chief Compliance Officer and Senior Administration Personnel on the shut of enterprise hours on April 29, 2026, the financial institution stated in a regulatory submitting.
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The appointment of Singh has been authorised by the financial institution’s Board of Administrators primarily based on the advice of the Compensation and Nomination & Remuneration Committee. He’ll serve a tenure of three years and will likely be designated as a Senior Administration Personnel from April 30, 2026.
Who’s Sunil Kumar Singh?
Sunil Kumar Singh is a profession banker with over 28 years of expertise within the banking sector. Previous to becoming a member of IndusInd Financial institution, he was related to Mizuho Financial institution for 11 years.
At Mizuho Financial institution, Singh served as Chief Compliance Officer for 9 years from April 2015 to March 2024. Within the subsequent two years, he transitioned right into a senior administration position as Managing Director-II, heading the Governance, Danger and Compliance (GRC) operate for the financial institution’s India franchise.
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Earlier than his tenure at Mizuho Financial institution, Singh held roles at Financial institution of America, ICICI Financial institution and State Financial institution of India. His expertise spans compliance, credit score danger and coverage, enterprise danger, company and retail banking, transaction banking, commerce finance, worldwide banking, debt service administration, Basel-III/ICAAP frameworks, and operations.
Singh holds an MBA in Finance and is a Licensed Affiliate of the Indian Institute of Banking & Finance (CAIIB).
