– INDIA, Mumbai – Axis Bank (LSE: AXB) announces today that following the 169th meeting of the Board of Directors of the Bank held on 12th May, 2016, the Board approved:

  • The Board approved the appointment of Dr. Sanjiv Misra as an Additional Independent Director of the Bank with effect from 12th May, 2016 and his appointment as the Non-Executive Chairman of the Bank, for a period of 5 years, with effect from 12th May 2016.
  • The Board of Directors of the Bank have appointed Shri Rajiv Anand as an Additional Director of the Bank, with effect from 12th May, 2016, and approved the his appointment as the Whole-time Director designated as ‘Executive Director (Retail Banking)’ of the Bank, for a period of 3 years, with effect from 12th May, 2016.
  • The Board of Directors of the Bank have appointed Shri Rajesh Dahiya as an Additional Director of the Bank, with effect from 12th May, 2016, and approved his appointment as the Whole-time Director designated as ‘Executive Director (Corporate Centre)’ of the Bank, for a period of 3 years, with effect from 12th May, 2016.

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