 "Dharmesh Mehta")
Leading Investment Bank Axis Capital Tuesday said its MD & CEO Dharmesh Mehta has stepped down.
The bank also said it has elevated Salil Pitale and Chirag Negandhi as Joint Managing Directors and Co-Chief Executive Officer.
Pitale and Negandhi's appointment will be with immediate effect, the company said in a statement.
"Dharmesh Mehta, MD & CEO of Axis Capital today submitted his resignation, having decided to pursue other interests," the company said.
The Board of Axis Capital in a meeting held on Tuesday accepted Mehta's resignation.
It further said: "The Board has decided to elevate Salil Pitale and Chirag Negandhi
