
Axis Bank Appoints Munish Sharda as Executive Director.image/mint
Mumbai-based Axis Bank announced on October 26 that it has approved the appointment of Munish Sharda as Executive Director, effective from November 1, 2023. This decision comes as part of the bank’s continuous efforts to strengthen its leadership team.
Three-Year Tenure with Shareholder and RBI Approval
Munish Sharda’s appointment as Executive Director is set for a period of three years from the effective date, pending approval from the bank’s shareholders and the Reserve Bank of India (RBI). This move is aimed at enhancing the bank’s strategic capabilities and expanding its services.
Munish Sharda’s Impressive Background
Munish Sharda is currently serving as the Group Executive and Head of Bharat Banking at Axis Bank Limited since September 2021. In his role, he has been instrumental in driving business growth in rural and semi-urban markets, covering a wide range of product offerings, including MFI, Retail, MSME, Wholesale, and Retail deposits. Additionally, he is leading the charge in promoting financial inclusion initiatives.With over 25 years of experience in the banking and financial services sector, Munish Sharda brings an extensive and diverse set of skills to his role.
His previous position was as the Managing Director and CEO of Future Generali India Life Insurance Company Limited for over seven years. Sharda holds a bachelor’s degree in mechanical engineering from Punjab Engineering College and has a postgraduate diploma in Management from IIM Lucknow. Moreover, he has a Certification in ESG Investing from the CFA Institute in the USA.
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