S. V. Zaregaonkar

Chief Operating Officer at IndusInd Bank Ltd.

S. V. Zaregaonkar

S. V. Zaregaonkar

Chief Operating Officer at IndusInd Bank Ltd.

Biography

Mr. S V Zaregaonkar

Chief Operating Officer (COO)

Mr. S.V. Zaregaonkar is a qualified Chartered Accountant (1978), a member of ICAI, a Post Graduate in Commerce (M. Com) and a Law Graduate (BGL) from University of Poona. He is also a certified associate member of Indian Institute of Bankers (CAIIB). He started his career in 1978 as lecturer in Commerce. He joined Dena Bank in 1980 in the middle management cadre and had various stints in Branch Management and Credit before moving into the Accounts and Finance Department of Dena Bank in 1991 as Chief Manager - Accounts. He joined IndusInd Bank in 1995 as Head - Banking Operations & Administration Department (B.O.A.D). He was designated as Chief Financial Officer of the Bank in 2000 and handles various functions of the Bank including Finance, Taxation, Law and Secretarial dept. He was the recipient of the prestigious award in the category of ‘Business Leader - Banking’ announced by the Institute of Chartered Accountants of India (ICAI) in 2018. In April 2020, Mr. Zaregaonkar was designated CFO & Country Head – Corporate Services and was overseeing Consumer Banking Operations, Projects & Property and Facilities Management. With the new organisation structure coming into place from October 21, 2021, Mr. Zaregaonkar has been designated as Chief Operating Officer (COO). He will continue to oversee the various functions of the Bank including Finance, Taxation, Law and Secretarial dept., Consumer Banking Operations, Projects & Property and Facilities Management.

Overview
Career Highlights

IndusInd Bank Ltd.

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Relationships
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Former Chief Executive Officer, Director & MD at IndusInd Bank Ltd.

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Managing Director & Chief Executive Officer at IndusInd Bank Ltd.

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Chairman-Executive Council at Cancer Institute (W.I.A)

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Former Senior Finance Manager at SICOM Ltd.

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Senior Partner at Crawford Bayley & Co. (India)

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Chief Human Resources Officer at IndusInd Bank Ltd.

Relationship likelihood: Strong

Chief Executive Officer, MD & Director at HDB Financial Services Ltd.

Relationship likelihood: Strong

Executive Vice President & Head, Marketing & Communications at IndusInd Bank Ltd.

Relationship likelihood: Strong

Head-Commercial & Rural Banking at IndusInd Bank Ltd.

Relationship likelihood: Strong

Former Executive Chairman at Indian Oil Corp. Ltd.

Relationship likelihood: Strong

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S. V. Zaregaonkar
Chief Operating Officer at IndusInd Bank Ltd.
Memberships
Member
Current

The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of Chartered Accountants in India. During its 64 years of existence, ICAI has achieved recognition as a premier accounting body not only in the country but also globally, for its contribution in the fields of education, professional development, maintenance of high accounting, auditing and ethical standards.ICAI now is the second largest accounting body in the whole world.

Career History
Chief Operating Officer
1995 - Current

IndusInd Bank Ltd. engages in the provision of banking services. It operates through the following segments: Treasury, Corporate and Wholesale Banking, Retail Banking, Other Banking Operations and Unallocated. The Treasury segment refers to all investment portfolios, profit, loss on sale of investments; profit and loss on foreign exchange transactions, equities, income from derivatives and money market operations. The Corporate and Wholesale Banking segment includes lending to and deposits from corporate customers. The Retail Banking segment includes lending to and deposits from retail customers. The Other Banking Operations segment comprises all other operations not covered under other segment. The Unallocated segment includes capital and reserves, employee stock options outstanding and other unallocable assets, liabilities, income and expenses. The company was founded by Srichand P. Hinduja in January 31, 1994 and is headquartered in Mumbai, India.

Chief Manager-Accounts
1991 - Prior

Dena Bank Ltd. engages in the provision of financial and banking services. It operates through the following segments: Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations. Its services include deposits, loans, internet banking, corporate banking, and international banking. The company was founded on May 26, 1938 and is headquartered in Mumbai, India.

Associate Member
Current
Other Affiliations
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