IndusInd Bank has announced the appointment of Pragati Gondhalekar as Head – Internal Audit and Senior Management Personnel, effective September 1, 2025. The move strengthens the bank’s leadership team as it sharpens its focus on governance, risk management, and compliance in an increasingly dynamic financial sector.

Gondhalekar brings more than 27 years of experience in audit and consulting, having worked across global and domestic institutions. Her professional journey includes senior roles at Deutsche Bank, L&T Financial Services, and PricewaterhouseCoopers, where she gained exposure to financial controls, risk frameworks, and operational excellence.

A chartered accountant qualified in both India and Canada, Gondhalekar also holds the Certified Internal Auditor designation and is a US Certified Public Accountant. This strong academic and professional foundation underscores her expertise in regulatory compliance, international standards, and corporate governance.

At IndusInd Bank, Gondhalekar will be responsible for providing independent assurance on the bank’s internal controls and governance processes, while also strengthening oversight across its diverse operations. She will work closely with the board and senior leadership to ensure alignment with evolving regulatory expectations and industry best practices.

The appointment comes at a time when Indian banks are facing greater scrutiny from regulators, with a strong emphasis on transparency, risk resilience, and digital security. By bringing in a seasoned leader, IndusInd Bank aims to reinforce its internal audit function as a critical pillar of sustainable growth and trust-building among stakeholders.

Industry observers note that her experience across multinational and domestic financial institutions positions her well to add value in a competitive banking landscape. Her leadership is expected to enhance the bank’s ability to identify risks early, ensure robust compliance, and strengthen operational discipline across all verticals.