Subrat Mohanty Reappointed As Executive Director Of Axis Bank

Axis Bank has reappointed Subrat Mohanty as Executive Director (Whole-Time Director), effective August 17, 2026, subject to approval from the Reserve Bank of India (RBI) and shareholders.

Prashant Joshi will retire as Chief Credit Officer, effective June 30, 2026, and Sudipto Nag, currently President and Head of Retail Portfolio Management Group, will take over as Chief Credit Officer, effective July 1, 2026.

Mohanty is Executive Director at Axis Bank, overseeing retail & wholesale banking operations, IT & digital banking, business intelligence, group strategy, subsidiary governance, customer experience, vigilance, and internal audit. He joined Axis Bank in October 2020. He has extensive experience in banking operations, risk management, and corporate strategy. As Executive Director, he is liable to retire by rotation and plays a key role in implementing strategic initiatives across the bank’s retail, wholesale, and digital operations.

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