The Reserve Bank of India (RBI) has approved the re-appointment of Amitabh Chaudhry as the Managing Director & CEO of Axis Bank for a period of three years. The private lender confirmed the appointment and stated that it has received the central bank’s approval for Chaudhry’s re-appointment for another three-year period, with effect from 1 January 2022 to December 31, 2024.
Prior to joining Axis Bank, Mr Chaudhry was the MD and CEO of HDFC Standard Life Insurance Company.