Amitabh Chaudhry to head Axis Bank
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.