Milestones under Axis Bank CEO Shikha Sharma's leadership

Axis Bank has reappointed Shikha Sharma as the MD & CEO for three years from June 2018. The ICICI Bank veteran had joined Axis Bank in June 2009, and has spearheaded the bank’s journey to become a universal bank. While her strategy to acquire Enam’s investment banking business and expand the bank’s retail base worked very well, the bank’s loans to the infrastructure sector has resulted in high non-performing assets. Between 2008-09 and 2016-17, Axis Bank’s net interest income and other income, which is mainly fee income, have grown five-fold and four-fold, respectively. Prior to Axis Bank, Sharma was the