On January 10, 2022, the Board of Administrators of Axis Financial institution has thought-about and authorised the re-appointment of Rajiv Anand as Deputy Managing Director of the Financial institution, for an extra interval of three years, together with phrases and circumstances and their remuneration. 4 August 2022 to three August 2025 (each days inclusive).
In keeping with regulatory filings, his reappointment as Deputy Managing Director for the above interval is topic to the approval of the Reserve Financial institution of India (“RBI”) and the members of the financial institution.
Rajeev Anand, age 56, joined the financial institution on Might 1, 2013 from its asset administration arm, Axis Asset Administration Firm Restricted, the place he was the Managing Director and CEO.
He was appointed as Chairman (Retail Banking) after which promoted as Group Govt (Retail Banking) in 2014. He was appointed as a Director on the Board of the Financial institution with impact from Might 12, 2016 and thereafter as Govt Director (Retail Banking). Banking), with impact from 4 August 2016. Thereafter, he took over because the Govt Director (Wholesale Banking) of the financial institution with impact from December 21, 2018. Now he has been re-designated as Deputy Managing Director. Financial institution from December 27, 2021.
Rajeev Anand is a commerce graduate and a Chartered Accountant by qualification.
In a profession spanning over 30 years, Rajiv Anand has targeted on varied features of the monetary providers trade, holding key administration positions at main world monetary establishments. He’s well known for his expertise within the capital markets and efficiently constructing new companies on a big scale. He’s co-chair of the Banking Process Drive at CII-Western Area, is a member of the Nationwide Committee on Banking at CII and has held a number of key positions on different committees and trade our bodies.
Axis Financial institution was buying and selling flat on Sensex at Rs 742.80 per piece in pre-open morning commerce on Tuesday