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MUMBAI - Axis Bank (NSE:AXBK) Limited (NSE:AXISBANK) announced Friday the appointment of Neeraj Gambhir as a Whole-time Director designated as "Executive Director," effective August 4, 2025, or upon Reserve Bank of India (NSE:BOI) approval, whichever comes later.
According to a press release, the bank’s Board of Directors approved the appointment for a three-year term based on the recommendation of the Nomination and Remuneration Committee. The appointment remains subject to shareholder and regulatory approvals.
Gambhir, 52, currently serves as Group Executive for Treasury, Markets and Wholesale Banking Products at Axis Bank, a position he has held since May 2020. He brings over 30 years of experience in India’s financial sector, having previously worked in leadership roles at Nomura India, Lehman Brothers India, and ICICI Bank.
The bank also announced that Arjun Chowdhry, Group Executive for Affluent Banking, Cards, Payments and Retail Lending, has resigned to pursue entrepreneurial opportunities. Chowdhry will leave the bank on August 31, 2025.
Gambhir holds a Bachelor of Engineering degree in Computer Science and a Post Graduate degree in Business Management from the Indian Institute of Management, Lucknow. He currently serves on the boards of Axis Asset Management Company Limited and Axis Pension Fund Management Limited, where he is Chairman.
He is also a member of SEBI’s Advisory Committees on Mutual Funds and Corporate Bonds and Securitisation, and serves as Vice Chairman of the Fixed Income Money Market and Derivatives Association of India.
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