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. Amitabh had taken charge as Axis Bank’s new MD and CEO in January 2019 after outgoing MD and CEO Shikha Sharma retired, effective December 31, 2018.
The extended three-year term will be effective from January 1, 2022, as per a regulatory filing by the bank to the stock exchanges.
