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Axis Bank Reappoints Amitabh Chaudhry As MD and CEO

The extended three-year term will be effective from January 1, 2022, according to a regulatory filing by the bank to the stock exchanges

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The Reserve Bank of India (RBI) approved the re-appointment of Mr Amitabh Chaudhry as Managing Director and Chief Executive Officer (CEO) of leading private lender - Axis Bank for a period of three years. 

The extended three-year term will be effective from January 1, 2022, according to a regulatory filing by the bank to the stock exchanges. 

''The Reserve Bank of India vide its letter dated October 14, 2021, has approved the re-appointment of Amitabh Chaudhry as the Managing Director & CEO of the Bank, w.e.f. January 01, 2022 till December 31, 2024 (both days inclusive),'' said the bank's statement. 

The board of Axis Bank cleared the extension of his tenure for a period of three years, subject to regulatory clearance.

Chaudhry was the MD and CEO of HDFC Standard Life Insurance Company before joining Axis Bank. The banker has also served as the Head of the testing unit of Infosys Technologies Limited and MD & CEO of Infosys BPO.



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