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Axis Bank appoints Rakesh Makhija as non-exec chairman for 3 years

Press Trust of India  |  New Delhi 

Tuesday has appointed Makhija as its non-executive for a term of 3 years, with effect from July 18.

He will replace Sanjiv Misra, whose term as the bank's non-executive (part-time) expires on July 17, the said in a regulatory filing.

"Pursuant to the recommendations of the Nomination and Remuneration Committee of Directors, the board of directors of the at its meeting held today (Tuesday) approved the appointment of Makhija, independent director, as the non-executive (part-time) of the bank, for a period of 3 years," it said.

The appointment is subject to the approval of the and the bank's shareholders, it added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 12 2019. 21:20 IST
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