RBI approves appointment of Rakesh Makhija as chairman of Axis Bank

Axis Bank stated that the Reserve Bank of India has approved the appointment of Rakesh Makhija as chairman of the bank. The board of the bank in March had approved the appointment of Makhija as chairman subject to RBI clearance.

Mr. Makhija will be independent director as the non-executive (part-time) chairman of the bank, for a period of 3 years, with effect from July 18, 2019, up to July 17, 2022.

Source- The Hindu Business Line 

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