Mumbai, Maharashtra, India, December 2025 — IndusInd Bank has announced the appointment of Balaji Narayanamurthy as its new Chief Data Officer, reinforcing the bank’s focus on data-driven strategy, advanced analytics, and digital transformation. With nearly three decades of experience spanning global and Indian financial institutions, Balaji brings deep expertise in building large-scale analytics ecosystems, driving enterprise intelligence, and integrating digital innovation into core banking operations.
Prior to joining IndusInd Bank, Balaji Narayanamurthy served at Axis Bank for more than 15 years, where he held several senior leadership roles including President and Head of the Business Intelligence Unit. In this capacity, he led transformational initiatives in data modernization, customer intelligence, and digital analytics, enabling data-led decision-making across key business functions. He also served on the Board of Directors at Freecharge, where he contributed to digital ecosystem growth and fintech integration.
Earlier in his career, Balaji held leadership positions at Barclaycard, Capital One, and Citibank India, where he built and managed global teams across marketing analytics, risk strategy, and data governance. His extensive international experience has been pivotal in advancing analytics maturity and delivering measurable business outcomes across diverse markets.
As Chief Data Officer at IndusInd Bank, Balaji will be responsible for strengthening enterprise data capabilities, enabling predictive insights, and embedding AI and machine learning in customer and business intelligence frameworks. His leadership will be central to driving IndusInd Bank’s digital-first vision, focused on innovation, operational excellence, and customer-centric growth.
About IndusInd Bank
Established in 1994, IndusInd Bank is one of India’s leading financial institutions, serving both retail and corporate clients through an extensive network of over 2,200 branches and 2,700 ATMs across 776 locations. The bank’s technology-driven platform supports multi-channel delivery and global operations through representative offices in London, Dubai, and Abu Dhabi. IndusInd Bank is recognized for its innovative approach to digital banking and was included in the NIFTY 50 benchmark index in 2013.
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