Axis Bank Appoints HDFC’s Amitabh Chaudhry as MD & CEO

Axis Bank announced that Amitabh Chaudhry has been appointed as its managing director & CEO from January 1, 2019, for a period of three years. 
Mr. Chaudhry, the MD & CEO of HDFC Standard Life Insurance Company at present, will take the charge at India’s third largest private sector bank after incumbent Shikha Sharma steps down on December 31, 2018. Mr. Chaudhry, 54, has been associated with HDFC Life since January 2010. 
Source- The Livemint

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Axis Bank Headquarters in Mumbai. 
  • Shikha Sharma is the present CEO and Managing director of Axis Bank.