Categories: AppointmentsCurrent Affairs

Veteran Dealmaker Atul Mehra Joins Axis Capital as MD & CEO

Axis Capital has appointed Atul Mehra as the new Managing Director (MD) and Chief Executive Officer (CEO). His appointment is waiting for final approval. Mehra will be overseeing both the investment banking and institutional equities businesses at Axis Capital.

Atul Mehra is an experienced dealmaker with over 30 years of experience in the industry. He was previously the Joint MD at JM Financial.

Other Key Appointments

In addition to Mehra, Axis Capital has also appointed:

Parag Gude as Chief Operating Officer (COO) of Institutional Equities
Dhaval Desai as Head – Cash Equities

Previous Departures

Mehra’s appointment comes after the departures of:

Salil Pitale, the current MD & co-CEO of Axis Capital
Chirag Negandhi, the former co-CEO who joined JM Financial in December

Regulatory Approvals

The market regulator Securities and Exchange Board of India (SEBI) has approved the Initial Public Offering (IPO) of two firms – Kross and Saraswati Saree Depot.

However, SEBI returned the draft IPO documents of Garuda Construction and Engineering and Polymatech Electronics in late March.

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.