Management Change29 Jun 2026, 04:27 pm
AXIS Bank: CFO Resigns, Two Directors Re-appointed
AI Summary
AXIS Bank announced a change in its senior management with the resignation of Puneet Sharma, Chief Financial Officer, effective August 31, 2026. The bank also approved the re-appointment of CH S S Mallikarjunarao as Independent Director for a four-year term and Munish Sharda as Whole-Time Director for a three-year term, subject to shareholder and regulatory approvals. The board meeting where these decisions were made concluded on June 29, 2026.
Key Highlights
- CFO Puneet Sharma resigns, effective August 31, 2026.
- CH S S Mallikarjunarao re-appointed as Independent Director.
- Munish Sharda re-appointed as Whole-Time Director.
- Re-appointments are subject to member and RBI approvals.
- The changes impact key managerial personnel and senior leadership.
Price Impact
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