Axis Bank Appoints Neeraj Gambhir as Executive Director

Axis Bank has appointed Neeraj Gambhir as an executive director, effective from August 4, 2025 or post RBI approval. Gambhir, 52, has over 30 years of experience in the financial sector and has held leadership roles in domestic and global banking and financial services organizations. He currently serves as Group Executive - Treasury, Markets, and Wholesale banking products at Axis Bank.

Mumbai, July 2, 2025 - Axis Bank (NSE:AXBK) has announced the appointment of Neeraj Gambhir as an executive director, effective August 4, 2025, or upon Reserve Bank of India (RBI) approval. Gambhir, 52, brings over three decades of experience in the financial sector, having held leadership roles at various domestic and global banking and financial services organizations. Currently, he serves as Group Executive for Treasury, Markets, and Wholesale Banking Products at Axis Bank [1].

Gambhir's appointment is subject to shareholder and regulatory approvals and will be valid for a three-year term. He holds a Bachelor of Engineering degree in Computer Science and a Post Graduate degree in Business Management from the Indian Institute of Management, Lucknow. His extensive background includes roles at Nomura India, Lehman Brothers India, and ICICI Bank. Gambhir currently serves on the boards of Axis Asset Management Company Limited and Axis Pension Fund Management Limited, where he is Chairman. He also serves as a member of SEBI’s Advisory Committees on Mutual Funds and Corporate Bonds and Securitisation, and is Vice Chairman of the Fixed Income Money Market and Derivatives Association of India [1].

The appointment comes amidst Axis Bank's recent financial performance, where the bank reported a 4% fall in its standalone net profit at Rs 5806 crore for the first quarter of FY26. The bank has been focusing on strategic initiatives to strengthen its market position [1].

In addition to Gambhir's appointment, Arjun Chowdhry, Group Executive for Affluent Banking, Cards, Payments, and Retail Lending, has resigned to pursue entrepreneurial opportunities. Chowdhry will leave the bank on August 31, 2025 [1].

References:
[1] https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-ril-jsw-steel-wipro-jio-financial-axis-bank-ltimindtree/articleshow/122704559.cms
[2] https://www.investing.com/news/company-news/axis-bank-appoints-neeraj-gambhir-as-executive-director-93CH-4141206