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Rafael Sanchez serves on Old National Bank’s executive management team as EVP, chief impact officer and Indianapolis market president. Previously, he served as president of private banking throughout Old National’s entire corporate footprint. Old National Bank is headquartered in Evansville. With over $45 billion in assets, it is a top 100 U.S. Bank, the largest Indiana-based bank, and has been recognized as a World’s Most Ethical Company by the Ethisphere Institute for ten consecutive years. Rafael is an attorney and former president and CEO of Indianapolis Power & Light Company (IPL, now AES Indiana), a utility that provides retail electric service to more than 490,000 customers primarily in Indianapolis as well as portions of other Central Indiana communities.
Rafael previously held roles as vice president of business development and legal affairs at Fineline Printing Group and as a partner at Bingham Greenebaum Doll, LLP. A native of Puerto Rico, Rafael moved to Indiana in 1996 to pursue a law degree. He is a highly respected business and community leader, making significant strides in civic engagement since moving to Indianapolis in 2002. He has held leadership positions on numerous nonprofit boards, including serving as immediate past president of Crossroads BSA (Boy Scouts) Council, immediate past chairman of United Way of Central Indiana, past chairman of the Indiana Latino Institute, past secretary for the Indy Championship Fund, and co-chair of United Way of Central Indiana’s Community Engagement. He also co-chaired the 2024 Indianapolis NBA All-Star Game and previously served as treasurer of the Indy Chamber. In recognition of his contributions, he received the prestigious Sagamore of the Wabash award from Governor Eric Holcomb in 2017.
Rafael holds a bachelor’s degree in social sciences and political science from the University of Puerto Rico and a law degree from the Indiana University Maurer School of Law. Rafael and his wife, Marisol, currently reside in Fishers with their three children. He was appointed chair of the Community Health Network Board of Directors in March 2025 and has served on the board since 2021.
