– INDIA, Mumbai – Axis Bank (NSE:AXISBANK) announced today that the Board of Directors appointed Mr. Stephen Pagliuca as an additional Director of the Bank and to hold office as such from 19th December 2017 up to the date of the next Annual General Meeting of the Bank and as the Non – Executive Director of the Bank for a period of 4 years, with effect from 19th December 2017 upto 18th December 2021.

Mr. Stephen Pagliuca is Co-Chair of Bain Capital, a leading global private investment firm with approximately $75 billion in assets under management. He also serves as the global head of Bain Capital Private Equity’s technology, media, and telecommunications vertical and financial services vertical.

Since joining the firm in 1989, Mr. Pagliuca has played a leading role in a wide spectrum of prominent technology, media, telecommunications and financial services businesses in which Bain Capital Private Equity has made investments.

Prior to joining Bain Capital, Mr. Pagliuca was at Bain & Company where he advised many Fortune 500 companies on business strategy and growth initiatives.

Mr. Pagliuca is a Managing General Partner and co-owner of the Boston Celtics. He is also active in a number of charitable and civic activities.

Mr. Pagliuca received a B.A. from Duke University and an M.B.A. from the Harvard Business School.

For more information : http://www.axisbank.com

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