The Reserve Bank of India (RBI) approved the re-appointment of Amitabh Chaudhry as Managing Director and Chief Executive Officer of 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 as outgoing MD and CEO Shikha Sharma retired, effective December 31, 2018. The extended three-year term will be effective from January 1, 2022.
Important takeaways for all competitive exams:
- Axis Bank Headquarters: Mumbai;
- Axis Bank Founded: 3 December 1993, Ahmedabad.