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Axis Bank Ltd (AXBK.NS)

AXBK.NS on National Stock Exchange of India

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Summary

Name Age Since Current Position

Rakesh Makhija

68 2019 Non-Executive Part time Independent Chairman of the Board

Rudra Ray

2019 Co-President, Chief Compliance Officer

Amitabh Chaudhry

56 2019 Chief Executive Officer, Managing Director, Additional Director

Puneet Sharma

2020 Chief Financial Officer

Himadri Chatterjee

President - Retail and Wholesale Banking Operations

Prashant Joshi

2019 President - Large Corporate Credit

Ravi Narayanan

2019 President - Branch Banking

Akshaya Panda

2019 President - Large Corporate Coverage

Sanjay Silas

2019 President - International Banking

Amit Talgeri

2020 Chief Risk Officer

Rajiv Anand

54 2018 Executive Director - Wholesale Banking

Rajesh Dahiya

52 2016 Executive Director - Corporate Centre

Pralay Mondal

54 2019 Executive Director - Retail Banking

Deepak Maheshwari

2019 Group Executive and Chief Credit Officer

Ganesh Sankaran

2019 Group Executive - Wholesale Banking Coverage Group

Naveen Tahilyani

2020 Group Executive - Head Banking Operations and Transformation

Girish Koliyote

2016 Company Secretary

T.C. Suseel Kumar

59 2020 Additional Non-Executive (Nominee) Director

Stephen Pagliuca

65 2017 Additional Non-Executive Nominee Director - Entities affiliated to BAIN Capital

B. Babu Rao

61 2016 Non-Executive (Nominee) Directors

Rohit Bhagat

56 2013 Non-Executive Independent Director

Ketaki Bhagwati

56 2016 Non-Executive Independent Director

Girish Paranjpe

62 2018 Non-Executive Independent Director

Srinivasan Vishvanathan

65 2015 Non-Executive Independent Director

Biographies

Name Description

Rakesh Makhija

Shri. Rakesh Makhija serves as Non-Executive Part time Independent Chairman of the Board of the Company. He is a chemical engineer from the Indian Institute of Technology, New Delhi. During his career spanning over four decades, he has been an active participant and contributor to the industrial and technology sectors, both internationally and in India. He has held a number of top management positions within the SKF Group. He was the President for the Industrial Market (Strategic Industries), and a member of the Group Executive Committee, a position that he held till December 2014. Prior to this, he was President of SKF Asia with overall responsibility for China and India. He started in this position in 2010 when he also became a member of SKF Group Management. He was the Managing Director of SKF India from 2002 till 2009. Under his leadership, SKF India more than tripled its sales and was recognized through numerous industry awards for market leadership, amongst them the prestigious ‘CNBC Business Leader Award for Talent Management’ in 2007. Prior to joining SKF, he held a number of senior management positions within Tata Honeywell and Honeywell International, the global Industrial and Aerospace company. He was appointed as the Chief Executive Officer and Managing Director of Tata Honeywell in June 1997. In April 2000, he was appointed Country Manager and Managing Director of Honeywell International, with responsibilities for driving the company’s growth in South Asia. Prior to Honeywell, Shri Makhija worked with Kinetics Technology International BV (now Technip), a process engineering and contracting company in the Netherlands for over eight years. He is currently the Chairman of SKF India Ltd and also on the Board of Tata Technologies Ltd, TML Drivelines Ltd and Elecon Engineering Ltd. As on 31st March 2016, Shri Makhija is a member of the Audit Committee and Acquisitions, Divestments and Merger Committee of the Board of Directors of the Bank.

Rudra Ray

Amitabh Chaudhry

Mr. Amitabh Chaudhry serves as Chief Executive Officer, Managing Director, Additional Director of the Company. Shri Chaudhry is a B. Tech in (Electronics & Electricals) from the Birta Institute of Technology & Science, Pilani and is an alumnus of Indian Institute of Management, Ahmedabad. Shri Chaudhry started his career in the Corporate Banking with Bank of America in 1987, where he worked in diverse roles ranging from Country Finance Officer, Head of Wholesale and GCMG Finance in Asia Division and thereafter as Managing Director and Head Technology Investment Banking, Asia. Shri Chaudhry was also associated with CAL YON Bank (formerly Credit Lyonnais Securities Asia (CLSA), as its Managing Director, Head South East Asian Investment Banking and Head Technology Investment Banking. Prior to joining HDFC Life, he joined Infosys BPO Ltd. in 2003 and was elevated as its Managing Director & CEO in 2006. He was also Head - Independent Validation & Testing Unit (IVS) of Infosys Technologies Ltd.

Puneet Sharma

Shri. Puneet Sharma has been appointed as Chief Financial Officer of the Company effective 3/6/2020. Sharma has over 23 years of experience across Banks, Financial Institutions and Consulting. Prior to joining Axis Bank Limited, he spent 12 years at Tata Capital as a senior management functionary & was the Group Chief Financial Officer since 2014 accountable for financial control, financial planning & accounting and taxation amongst other deliverables. He has also worked with Citibank in roles covering Structured Cash Solution, Treasury Operations & Risk monitoring among others. His responsibilities included managing the risk reporting, operations and regulatory functions relating to fixed income security transactions of the Bank. Shri Puneet Sharma was a member of the Management Committee at Tata Capital and has worked closely with the Board on matters dealing with financial planning & governance. Shri Puneet Sharma is a Chartered Accountant and has completed Post Graduate Programme in Management from Indian School of Business, Hyderabad.

Himadri Chatterjee

Prashant Joshi

Ravi Narayanan

Akshaya Panda

Sanjay Silas

Amit Talgeri

Shri. Amit Talgeri serves as Chief Risk Officer of the Company. Shri Amit Talgeri has over 24 years of experience in Banking & Finance Industry and has handled diverse roles in verticals like Retail Credit, Operations, Collections and Business with various Banks/NBFCs, in India and internationally. He joined Axis Bank Limited as Head - Credit Risk (Retail & Commercial Banking). In his current role, he is responsible for credit policy, risk scorecard performance, portfolio monitoring and consequently taking risk actions for the retail and commercial banking functions. Prior to joining Axis Bank Limited, he was the CEO of Dubai First, a subsidiary of First Abu Dhabi Bank Limited. Prior to Dubai First, he has worked with First Abu Dhabi Bank Limited, lndiabulls Financial Services Limited, HDFC Bank Limited, Bank of America and HDFC Limited, in various capacities. He has a graduate degree in Maths & Physics from Mumbai University and has done his postgraduation in Management.

Rajiv Anand

Mr. Rajiv Anand serves as Executive Director - Wholesale Banking of the Company. He is a Commerce graduate and a Chartered Accountant by qualification. Shri Rajiv Anand has over 25 years of experience in the financial services industry. His portfolio includes Retail Liabilities, Retail Lending & Payments, Branch Banking, Retail Operations, Digital Banking, Marketing and Retail Products. He has held key management positions at leading global financial institutions and has diverse experience in the financial services sector. He joined the Bank from its asset management arm, Axis Asset Management Co. Ltd, where he held the position of Managing Director & CEO. In his previous roles, he has managed Investments, Balance Sheet management & Money Market and Bond Trading. He has also been very successful as a Debt Fund Manager and has won several accolades for the same.

Rajesh Dahiya

Mr. Rajesh Kumar Dahiya serves as Executive Director - Corporate Centre of the Company. He is a qualified engineer with a Masters in Management from Punjab University. Mr. Rajesh Dahiya has over 25 years of experience. In his current role, he supervises all functions under Corporate Center – Audit, Human Resources, Compliance, Company Secretary, Corporate Communications, Administration & Security, Corporate Real Estate Services, Chief Business Relations Officer (CBRO), Ethics & Sustainability and Law. In addition, he also oversees the functioning of Axis Bank Foundation. Before joining Axis Bank in June 2010, he was associated with Tata Group for 20 years where he handled various responsibilities across functions such as Human Resources, Manufacturing, Exports, Distribution and Institutional Sales. His last assignment before joining Axis Bank was with Tata Tea Limited where he was responsible for integrating various products of Tata Tea, Himalaya & Tetley under a common distribution channel. In his earlier role in Tata Group, he was Vice President - Group Talent Acquisition and Head - Tata Administrative Services (TAS). He also headed the Human Resources function for Rallis India Pvt. Ltd.

Pralay Mondal

Shri. Pralay Mondal is no longer serves as Executive Director - Retail Banking of the Company effective 9/14/2020. He has rich and varied experience of over 30 years in Retail Banking, Business Banking, Products and Technology. Before joining Axis Bank, Shri Pralay Mondal was Senior Group President - Retail & Business Banking at YES Bank Limited (“YES Bank”). He was entrusted with the responsibility of building the entire Retail Franchise of Yes Bank, which included entire Retail Liability, Branch Banking, Retail Assets, Retail Fees and Payments Franchise including Credit Cards and Merchant Acquiring. He was also overseeing the Rural Banking Assets, PSL Portfolio, Micro Finance businesses & SME/Business Banking. Shri Pralay Mondal created a robust scalable franchise through the best in class and committed senior leadership team, and built a strong delivery channel through technology and operations which was the backbone to support the business growth. Shri Pralay Mondal also used to frequently meet the Investors and Analysts and have been part of the core group engaging with relevant people in India or overseas to represent Yes Bank for raising capital. He was on the Board of YES Securities (India) Limited, wholly owned subsidiary of YES Bank. Before joining YES Bank, Shri Pralay Mondal was Group Head, Retail Assets & Payments Business at HDFC Bank Limited (“HDFC Bank”) (2000 – 2012), prior to which he had built the Liability Sales Franchise in HDFC Bank. He was also on the Board of HDB Financial (NBFC & 100% subsidiary of HDFC Bank) and HBL Global, holding Sales Company of HDFC Bank. Shri Pralay Mondal was part of the 4 member Senior Management Team, comprising of the MD, ED and CFO of HDFC Bank, who used to interact with Global and Local Investors and Analysts.

Deepak Maheshwari

Ganesh Sankaran

Naveen Tahilyani

Mr. Naveen Tahilyani has been appointed as Group Executive - Head Banking Operations and Transformation of the Company effective 1/6/2020. Naveen Tahilyani serves as Group Executive - Head Banking Operations and Transformation of the Company. Naveen Tahilyani serves as Group Executive - Head Banking Operations and Transformation of the Company. Naveen Tahilyani serves as Other of the Company.

Girish Koliyote

T.C. Suseel Kumar

Shri. T.C. Suseel Kumar serves as Additional Non-Executive (Nominee) Director of the Company. He is Managing Director of Life Insurance Corporation (LIC) of India since March 2019. He has a Masters in Economics, is a university rank holder and has completed various management and leadership courses, including from IIM Ahmedabad, IIM Bangalore, IIM Lucknow, ISB Hyderabad and Asian Institute of Management, Manila. During his illustrious career of more than 35 years, he has successfully managed multiple crucial portfolios in LIC and left behind highly significant footprints across the organization. As a Managing Director, he manages key portfolios of LIC, including Marketing/Product Development, Investment, Corporate Planning/New Projects, Audit and Subsidiaries viz. IDBI Bank Limited, LIC Pension Fund Limited, LIC HFL AMC Limited – to name a few. After Shri Suseel Kumar took over as Managing Director, LIC saw a striking growth of 25% in first year premium collections and an increase in market share by 2.50% to 69%, reflecting his strong leadership abilities. He has also been instrumental in redefining the business proposition of LIC that earned LIC the ‘Best Life Insurer Award’ by many leading agencies during this year. He has been influential in guiding, planning and executing growth strategies, while being on the Boards of LIC Mutual Fund Trustee Private Limited, LIC HFL Asset Management Company Limited, LIC Pension Fund Limited, Life Insurance Corporation (Lanka) Limited, National Insurance Academy and Insurance Institute of India. His expertise lies in the areas of strategic planning, marketing, customer centricity and talent management.

Stephen Pagliuca

Mr. Stephen G. Pagliuca serves as Additional Non-Executive Nominee Director - Entities affiliated to BAIN Capital of the Company. He is also active in a number of charitable and civic activities.

B. Babu Rao

Shri. B. Babu Rao serves as Non-Executive (Nominee) Directors of the Company. He has more than 26 years of experience in the area of Finance, Capital Markets and Fund Management in UTI Mutual Fund. He is currently managing the activities of the Specified Undertaking of Unit Trust of India (SUUTI) on deputation from UTI Asset Management Company Ltd. During his career in SUUTI, he has handled various assignments and extensively worked in the areas of Project Finance, Investment Management, Offshore Funds, Venture Capital and Private Equity Funds, resolution of stressed assets and investor relations. Prior to joining UTI in the year 1989, he worked with Larsen & Toubro Ltd. for six years. Shri Babu Rao holds Bachelors degree in Engineering and has completed his PGDBM from the Indian Institute of Management, Ahmedabad. As on 31st March 2016, Shri B. Baburao is a member of the Stakeholders Relationship Committee and the Customer Service Committee of the Board of Directors of the Bank. He does not hold any Equity Share of the Bank.

Rohit Bhagat

Shri. Rohit Bhagat serves as Non-Executive Independent Director of the Company. He was appointed as an Additional Independent Director with effect from 16th January, 2013. Mr. Bhagat is a former Senior Managing Director and Chairman of Asia Pacific, BlackRock Inc. and former member of its Global Executive Committee. He has over 20 years of extensive global experience in financial services industry having worked in India, Hong Kong and USA in business leadership, consulting and advisory space. Mr. Bhagat has held several directorships with various entities of BlackRock. Prior to BlackRock, he was the Global Chief Operating Officer for Barclays Global Investors and has also worked as a Senior Partner & Co-Leader of the United States Financial Services practice at Boston Consulting Group. Mr. Bhagat has B. Tech Degree in Mechanical Engineering, M.S. in engineering from University of Texas and has an MBA from Kellog Graduate School of Management, Northwestern University.

Ketaki Bhagwati

Ms. Ketaki Bhagwati serves as Non-Executive Independent Director of the Company. She is a former Chief Investment Officer in the Financial Institutions Group at the International Finance Corporation (IFC), the private sector financing arm of the World Bank Group. She has over twenty four years of experience in private equity, M&A, debt & structured finance and distressed asset workouts across sectors in several regions including Asia, the Middle East & Africa. Prior to IFC, she worked at the Credit Rating Information Services of India (CRISIL) in Mumbai. Smt. Bhagwati has a Bachelors of Arts from Wellesley College (USA) and a Master of Public Administration from Harvard University’s John F. Kennedy School of Government. She is currently a member of the Wellesley College Business Leadership Council and Golden Seeds, an early stage investment firm with a focus on women leaders. As on 31st March 2016, Smt. Ketaki Bhagwati is a member of the Committee of Directors and Risk Management Committee of the Board of Directors of the Bank. She does not hold any Equity Share of the Bank.

Girish Paranjpe

Shri. Girish S. Paranjpe serves as Non-Executive Independent Director of the Company. Shri Paranjpe is a Commerce graduate and a member of the Institute of Chartered Accountants of India and Institute of Cost and Works Accountants of India. He had two decades long tenure at Wipro Limited, India's third biggest software company, contributing to rise of India's IT industry from its infancy to its current globally dominant position. He lead the Wipro's IT business worth USD 5.8 billion and employee strength of over one lakh, spread over 54 countries. More recently, he was the Managing Director for Bloom Energy International, a silicon valley based alternative energy company. Shri Girish Paranjpe along with his IT industry colleagues has promoted a venture fund, Exfinity Venture Partners, which invests in tech startups. He is a General Partner at Exfinity.

Srinivasan Vishvanathan

Shri. Srinivasan Vishvanathan serves as Non-Executive Independent Director of the Company. He has done his M.Sc. in Physics and has completed MBA and CAIIB. He has over 37 years of Banking experience with State Bank of India (SBI). Shri S Vishvanathan retired as Managing Director & GE (Associates & Subsidiaries) of SBI. Earlier, he was Dy. Managing Director (Mid Corporate), SBI. Prior to that, he was Managing Director & CEO of SBI Capital Markets Limited (SBICAP) for more than three years from June 2009 to August 2012. Earlier, he was Chief General Manager of State Bank of India’s North Eastern operations. He has served in several important capacities which include an assignment in New York Branch and stints as Regional Manager and Deputy General Manager in Delhi Circle and as General Manager (Global Markets).