Axis Bank has seen a number of high-level management changes in the past couple of years. Over the same period, the bank has seen a strong deceleration in retail advances, loans & deposit growth, while asset quality has declined.
1 / 8Axis Bank is witnessing a churn at the top, with the upcoming retirement of Deputy MD Rajiv Anand marking the sixth senior-level departure in the last two years. While Anand’s exit is a scheduled retirement, five other top executives have resigned during this period.
2 / 8Senior-Level Exits at Axis Bank (Last 2 Years): August 2025 – Rajiv Anand, Deputy Managing Director (retirement)
3 / 8August 2025 – Arjun Chowdhry, Group Executive – Affluent Banking, Cards, Payments and Retail Lending (resignation)
4 / 8February 2025 – S Bhaskar, Chief Audit Executive (resignation)
5 / 8November 2024 – Ganesh Sankaran, Group Executive – Wholesale Banking Coverage (resignation)
6 / 8August 2024 – Sumit Bali, Group Executive – Retail Lending (resignation)
7 / 8March 2024 – Ravi Narayanan, Group Executive – Retail Liabilities, Branch Banking & Products (resignation).
8 / 8Over the same period, the bank has seen a strong deceleration in retail advances, loans & deposit growth, while asset quality has declined.
