MUMBAI (Reuters) - Shikha Sharma, chief executive of India's Axis Bank, has asked the bank's board to shorten her next term at the helm of the bank, starting in June, to the end of December, the bank said on Monday.
Sharma, who has been the CEO of the third-biggest private sector Indian lender since 2009, had earlier been given her fourth three-year term beginning June 1.
Axis Bank's board has accepted Sharma's request, pending approval from the central bank, the lender said in a stock exchange filing. It gave no reason for the move.
(Reporting by Devidutta Tripathy and Suvashree Dey Choudhury; Editing by Adrian Croft)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app