Axis Bank Reappoints Shikha Sharma As MD and CEO

Private sector bank, Axis Bank Limited, has re-appointed Shikha Sharma as the bank’s managing director and CEO for a period of three years up to May 2018. Sharma will resume her chair on June 1, 2015.

“The Board of Directors of the Bank at its meeting held on January 16, 2015 has reappointed Shikha Sharma as managing director and CEO of the Bank for a further period of three years from June 1, 2015 to May 31, 2018. The re-appointment is subject to approval of the Reserve Bank of India and the shareholders of the Bank,” said the company in a letter to the National Stock Exchange (NSE).

Sharma, is an award-winning banker and has been the managing director and CEO of the bank since 2009. Previously, she worked with ICICI Bank and has expertise in areas such as project finance, retail banking and investment banking. She has also served as the managing director and CEO of the insurance arm of ICICI, ICICI Prudential Life Insurance.

Image Credit: Official website of Axis Bank