Axis Bank Board clears re-appointment of Amitabh Chaudhry as CEO for 3 years

This will be his second extension of three years. His last extension took effect from January 1, 2022. Chaudhary joined the bank in 2019 as MD and CEO. Before this he was the MD and CEO of HDFC Life.

Axis Bank on Thursday said its board has approved the reappointment of Amitabh Chaudhary as MD and CEO for three years from January 1, 2025.

This will be his second extension of three years. His last extension took effect from January 1, 2022. Chaudhary joined the bank in 2019 as MD and CEO. Before this he was the MD and CEO of HDFC Life.

Axis Bank said in a regulatory filing that the reappointment is subject to the approval of the Reserve Bank of India and shareholders.

Amitabh Chaudhary is a former student of Birla Institute of Technology and Science, Pilani and IIM, Ahmedabad.

By Priyanka Roy