The Reserve Bank of India (RBI) on Thursday approved the reappointment of Amitabh Chaudhry as managing director of private bank Axis Bank for a period of three years.
The three-year term extension would take effect on January 1, 2022, Axis Bank said in a regulatory filing.
“The Reserve Bank of India, in its letter dated October 14, 2021, approved the reappointment of Amitabh Chaudhry as managing director and CEO of the bank, with effect from January 1, 2022 to December 31, 2024,” he said. -he adds. noted.
The bank’s board of directors approved in April the extension of his mandate for a further three years subject to regulatory approval.
(Edited by : Jomy Jos Pullokaran)