
Management Change29 Jun 2026, 04:23 pm
AXIS Bank: CFO Resigns, Two Directors Re-appointed
AI Summary
AXIS Bank Ltd announced significant management changes. Puneet Sharma, the Chief Financial Officer, has resigned effective August 31, 2026, to pursue other professional opportunities. The bank expressed gratitude for his contributions. Concurrently, the Board of Directors approved the re-appointment of CH S S Mallikarjunarao as an Independent Director for a second four-year term and Munish Sharda as a Whole-Time Director (Executive Director) for a further three-year period. Both re-appointments are subject to shareholder and regulatory approvals.
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 approval.
- No financial figures or operational updates were provided.
Price Impact
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