Axis Bank Announces Key Management Changes
The Board of Directors of Axis Bank Limited has approved the reappointment of N. S. Vishwanathan as an Independent Director for a second term of four years, effective May 30, 2027. The Board has also approved his reappointment as Non-Executive (Part-time) Chairman for a period of three years, effective October 27, 2026, subject to the approval of the Bank’s members.
The Board reappointments P. N. Prasad as an Independent Director of the Bank for second term of four years with effect from October 20, 2026 up to October 19, 2030 (both days inclusive), subject to approval of the members of the Bank.
The Board of Directors of the Bank has designated Sanjeev Moghe, Head – Branch Banking (South), and Avinash Raghavendra, Head – IT and Retail Operations, as Senior Management Personnel with effect from April 25, 2026.
N. S. Vishwanathan, 67 retired as Deputy Governor of RBI in March 2020. He has varied experience as a central banker including handling administrative functions for RBI. During his illustrious career, he handled the role of Director – Supervision Bank of Mauritius (Central Bank of Mauritius) and acted as the Chief Vigilance Officer and Head of Internal Audit, Industrial Financial Corporation of India. He was also a member of the Board of Securities and Exchange Board of India between July 2016 till March 2020. He holds a master’s degree in economics and a bachelor’s degree in arts from Bangalore University and has completed advanced leadership programme from Judge Business School, Cambridge University, UK.
P. N. Prasad, 65 retired as the Deputy Managing Director of SBI on May 31, 2020. He is a professional banker with more than 37 years of experience. He joined State Bank of India (SBI) in 1983 as Probationary Officer and at the time of superannuation, he was heading the Commercial Clients Group, the Corporate Banking Vertical of State Bank of India. He was also heading the Project Finance & Structuring SBU of the Bank, the only such SBU focused on project and infrastructure finance among all the banks in India. He holds Master’s degree in science and is a Certified Associate of Indian Institute of Bankers.
