Murlidhar Lakhara
About Murlidhar Lakhara
Murlidhar Lakhara is the Chief Compliance Officer at IndusInd Bank, where he has worked since 2017. He has extensive experience in compliance, anti-money laundering, and corporate governance, with a career that includes roles at the Reserve Bank of India and several major banks.
Current Role at IndusInd Bank
Murlidhar Lakhara serves as the Chief Compliance Officer at IndusInd Bank, a position he has held since 2017. In this role, he oversees compliance functions and ensures adherence to regulatory standards within the organization. His responsibilities include compliance monitoring and testing, which are critical for maintaining the bank's integrity and operational effectiveness.
Professional Experience in Banking
Murlidhar Lakhara has extensive experience in the banking sector, having worked in various compliance roles. He was previously the Chief Compliance Officer at FirstRand Bank Ltd from 2015 to 2017. Prior to that, he held the position of Vice President - India Compliance at Deutsche Bank from 2006 to 2015. His career also includes a role as Assistant Vice President - Regulatory Compliance at ABN AMRO Bank N.V. from 2005 to 2006 and a managerial position at the Reserve Bank of India from 1996 to 2005.
Education and Expertise
Murlidhar Lakhara studied at the Jamnalal Bajaj Institute of Management Studies (JBIMS), where he earned a Master of Financial Management from 2005 to 2008. He also studied at Gujarat University. His educational background is complemented by expertise in compliance monitoring, anti-money laundering, and corporate governance.
Background in Regulatory Affairs
Murlidhar Lakhara has a demonstrated history of working in regulatory affairs, which encompasses a range of compliance-related activities. His career has been marked by a focus on ensuring that financial institutions adhere to legal and regulatory requirements, which is essential for maintaining public trust and operational efficiency.