Amitabh Chaudhry to head Axis Bank

Banking Frontiers - - People Track -

Amitabh Chaudhry, un­til now MD and CEO of HDFC Stan­dard Life In­sur­ance Co, will be the new MD and CEO of Axis Bank. He will take over from Shikha Sharma, whose ten­ure will end on 31 De­cem­ber 2018. Chaudhry will be hold­ing the po­si­tion at the bank for 3 years. Chaudhry will take over from Shikha Sharma af­ter she demits of­fice on De­cem­ber 31, 2018. The bank had se­lected three can­di­dates to suc­ceed Sharma at its board meet­ing held in July and had rec­om­mended their names for the ap­proval of RBI. Chaudhry has been with HDFC Life since Jan­uary 2010. He be­gan his ca­reer with Bank of Amer­ica in 1987, where he worked in di­verse roles.

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