NS Vishwanathan appointed as non-executive chairman of Axis Bank: Reserve Bank of India has granted approval for the appointment of NS Vishwanathan as the non-executive chairman of Axis Bank for a three-year term.
Daily Current Affairs Quiz: July 2023
As per the bank’s official statement, NS Vishwanathan’s role as the chairman will become effective from October 27, 2023, or from the date of approval by the Reserve Bank of India, whichever comes first. This marks a significant step in Vishwanathan’s journey with Axis Bank, as he was earlier appointed as an independent director by the lender in May.
Vishwanathan brings with him a wealth of experience as a career central banker. Having joined the RBI in 1981 as a Direct Recruit Officer, he steadily climbed the ranks and ultimately retired as the Deputy Governor of the RBI in March 2020. He showcased expertise in various areas, such as, banking, and non-banking regulation, demonstrating extensive knowledge in central banking.