Rakesh Makhija appointed as Chairman of Axis Bank

RBI Aapproves Appointment of Rakesh Makhija Axis Bank Chairman

RBI Aapproves Appointment of Rakesh Makhija Axis Bank Chairman

  • The Reserve Bank of India (RBI) has approved the appointment of Rakesh Makhija as the non-executive (part-time) chairman of the Axis Bank, for a period of 3 years, with effect from July 18, 2019, up to July 17, 2022.
  • He will replace Sanjiv Misra whose term ends on July 17, 2019.
  • In March 2019, the board of the Axis Bank had approved appointment of Makhija as chairman subject to RBI clearance.

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