Axis Bank Appoints Neeraj Gambhir As Whole-Time Director; Arjun Chowdhry Resigns

Axis Bank Ltd.'s board has approved the appointment of Neeraj Gambhir as whole-time director for three years, effective August 4 or from the date of RBI approval, whichever is later.

Gambhir, currently group executive – Treasury, Markets and Wholesale Banking Products, will take over as executive director. He has over 30 years of experience in the financial sector and holds board roles across Axis group entities, including as chairman of the pension fund arm.

Meanwhile, Arjun Chowdhry, head of affluent banking, cards and retail lending, has resigned and will step down on August 31 to pursue entrepreneurship.