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IndusInd Bank Appoints Sheran Mehra as its New CMO

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IndusInd Bank has named Sheran Mehra as its latest Chief Marketing Officer (CMO). In this position, she will manage the bank's branding, marketing initiatives, and digital engagement approaches, contributing to the strengthening of its standing in a quickly changing financial sector.

Prior to her role at IndusInd Bank, Sheran held the position of Chief Business Officer at Tata Digital, where she spearheaded loyalty enhancement programs for Indian Hotels through Tata Neu, achieving a triple increase in loyalty contributions and gross merchandise value through digital platforms.

As part of Tata Neu's founding team, she formerly worked as Chief Brand Officer, contributing significantly to the launch of India's inaugural super app during the IPL season.

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She oversaw the development of Tata Neu's brand identity, consumer experience framework, and digital engagement tactics, substantially enhancing brand recognition and user adoption.

Drawing from more than 25 years of professional experience with organizations including DBS Bank, Barclays, Mahindra Holidays, HSBC, and international agencies like Ogilvy, Sheran possesses extensive knowledge spanning banking, consumer goods, travel, and digital industries.

 

Her marketing methodology integrates narrative techniques, analytics-based insights, and a focus on customer needs.

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Earlier, IndusInd Bank appointed Pankaj Sharma, previously the chief strategy officer at Yes Bank, to lead business transformation initiatives. Sharma appears to be replacing Anil Rao, who currently oversees operations at IndusInd Bank. Rao, a veteran employee of IndusInd Bank, previously served on the executive committee during the period when Sumant Kathpalia resigned from his position as the bank's CEO.

With more than 25 years in the banking sector, Pankaj Sharma's most recent role was as chief strategy officer at Yes Bank. He was one of four staff members released by the institution in April during Yes Bank's strategic reorganization process. Before joining Yes Bank, Sharma held the position of chief operating officer at RBL Bank.

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In September, the bank previously announced the hiring of Viral Damania, formerly the chief financial officer at Bank of America India, as their new CFO to succeed Gobind Jain, along with Anand Vardhan as the bank's General Counsel. Vardhan previously held the role of group general counsel at Piramal Group.

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