Veteran technology leader to drive digital transformation and strengthen core banking technology
IndusInd Bank has named Ravi Kumar Pangal as its new Chief Information Officer (CIO), marking a strategic enhancement of the bank’s technology leadership team as it accelerates digital transformation across its operations.
Ravi Kumar Pangal is a seasoned technology executive with deep experience leading large-scale technology and transformation programs in the financial services sector. Prior to joining IndusInd Bank, he served as Global CIO Core Banking and held key technology leadership roles focused on digital transformation, retail technology products, and global technology strategy at leading financial institutions. His career reflects a strong track record of shaping enterprise technology roadmaps and driving innovation in core banking and customer-facing technology platforms.
In his new capacity as CIO, Pangal will oversee IndusInd Bank’s technology strategy, digital infrastructure, and innovation initiatives. His mandate includes strengthening the bank’s core banking systems, enhancing operational resilience, and advancing analytics-driven customer experiences critical priorities as the bank navigates a period of leadership evolution and strategic realignment.
“We are delighted to welcome Ravi to IndusInd Bank,” said a bank spokesperson. “His rich experience in technology leadership and transformation will be instrumental in accelerating our digital roadmap, driving agile delivery, and reinforcing our commitment to secure, scalable, and customer-centric technology solutions.”
Pangal’s appointment comes at a time of broader leadership changes at IndusInd Bank, which has recently undergone an organizational transition following governance and financial reporting reviews. The bank has been actively strengthening its executive bench across finance, risk, HR, and technology to support long-term growth and investor confidence.
Expressing enthusiasm for his new role, Pangal said: “I look forward to partnering with the talented teams at IndusInd Bank to elevate our technology capabilities, modernize platforms, and enable seamless digital experiences for our customers while ensuring robust and resilient systems.”
With his appointment, IndusInd Bank aims to reinforce its strategic focus on technology-led differentiation and sustained delivery of innovative banking solutions.