Axis Bank has announced the resignation of its Chief Financial Officer (CFO) Puneet Sharma, who has resigned after a six-year stint at the bank. In a regulatory filing, the bank said Sharma tendered his resignation on June 28.
He will be relieved from his responsibilities at the close of business on August 31.
Sharma brings over 20 years of experience in finance. Prior to joining Axis Bank, he served as Group Head and CFO of Tata Capital Limited and Tata Capital Financial Services Limited from 2014. Before that, he held a leadership role at Citibank N.A. He has also worked with organisations such as The Boston Consulting Group and KPMG earlier in his career.
In another development, Axis Bank’s board approved the reappointment of independent director CH S S Mallikarjunarao for a second four-year term from February 1, 2027 to January 31, 2031. It also approved the reappointment of Munish Sharda as Whole-Time Director, designated as Executive Director, for a three-year term from February 27, 2027 to February 26, 2030.
