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Change in Management

31 Jan 2025 14:24

RNS Number : 5115V
Axis Bank Limited
31 January 2025
 

AXIS/CO/CS/617/2024-25

 

January 31, 2025

 

 

Dear Sir(s),

 

REF.: DISCLOSURE UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("SEBI LISTING REGULATIONS").

 

SUB.: CHANGES IN SENIOR MANAGEMENT OF AXIS BANK LIMITED ("the Bank").

 

Pursuant to Regulation 30 of the SEBI Listing Regulations, we would like to inform the following changes in the senior management of the Bank:

 

a) Vineet Agrawal will be taking up another role within the Bank and accordingly cease to be Chief Audit Executive and senior management of the Bank, effective February 03, 2025.

 

b) S. Bhaskar has been appointed as Chief Audit Executive of the Bank for a period of three years with effect from February 03, 2025, up to February 02, 2028 (both days inclusive), in place of Vineet Agrawal.

 

The details required as per SEBI circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed as Annexure A.

 

This is for your information and records.

 

Thanking You.

 

Yours faithfully,

 

For Axis Bank Limited

 

 

Sandeep Poddar

Company Secretary

Encl: a/a

CC: London Stock Exchange

Singapore Stock Exchange

Annexure A

 

Sr. No.

Particulars

S. Bhaskar

Vineet Agrawal

i.

Reason for change

Appointment as Chief Audit Executive of the Bank

Cessation as Chief Audit Executive of the Bank, upon movement to another role.

ii.

Date of appointment/ re-appointment/ cessation & term of appointment/

re-appointment

Date of Appointment:

February 03, 2025

 

Term: 3 years with effect from February 03, 2025 up to February 02, 2028 (both days inclusive).

Date of Cessation:

Effective February 03, 2025

iii.

Brief profile (in case of appointment)

S. Bhaskar has more than 38 years of experience in leadership & management positions across consumer goods, chemicals, logistics and financial services. Most recently, he served as the Chief Internal Auditor of Tata Capital Ltd. providing leadership to the Internal Audit function at Tata Capital Ltd. & its subsidiaries. He also had stints at Hindustan Lever Ltd. and The New India Assurance Co. Ltd.

 

As a professional, S Bhaskar:

 

(i) serves as a member of the Board of Trustees in the Global Internal Audit Foundation of the IIA Inc;

 

(ii) served as a member in the Audit Advisory Committee for United Nations Office for Project Services for two terms (2016-2021);

 

(iii) served as a Member of CII's National Committee on Financial Reporting; and

 

(iv) served on ASSOCHAM's National Council for Internal Audit and Risk Management.

NA

iv.

Disclosure of relationship between directors (in case of appointment of a director)

NA

NA

 

http://www.rns-pdf.londonstockexchange.com/rns/5115V_1-2025-1-31.pdf

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UPDSDAFLFEISEFF
Date   Source Headline
22nd Sep 20094:50 pmRNSPublication of Listing Particulars-Axis Bank
22nd Sep 20093:26 pmRNSPricing GDR/QIP/Preferential issue-Axis Bank
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14th Jul 200912:20 pmRNSDirectorate Change
13th Jul 20092:07 pmRNSDELISTING OF EQUITY SHARES
13th Jul 200911:20 amRNS1st Quarter Results
19th Jun 200910:10 amRNSIssue of Equity
17th Jun 20097:00 amRNSIssue of Debt
1st Jun 20098:34 amRNSIssue of Debt
1st Jun 20098:30 amRNSResult of AGM
1st Jun 20098:27 amRNSAPPOINTMENT OF MD & CEO
22nd Apr 20092:11 pmRNSDirectorate Change
20th Apr 20094:14 pmRNSACTION TAKEN AT BM
20th Apr 20094:14 pmRNSFinal Results
20th Apr 20094:10 pmRNSAPPOINTMENT OF MD & CEO
30th Mar 20097:00 amRNSIssue of Debt
23rd Mar 20099:20 amRNSIssue of Equity
6th Mar 20093:45 pmRNSSecond Price Monitoring Extn
6th Mar 20093:40 pmRNSPrice Monitoring Extension
5th Mar 20093:45 pmRNSSecond Price Monitoring Extn
5th Mar 20093:40 pmRNSPrice Monitoring Extension
27th Feb 20097:46 amRNSRESULT OF THE POSTAL BALLOT
6th Feb 20093:40 pmRNSPrice Monitoring Extension
13th Jan 20093:45 pmRNSSecond Price Monitoring Extn
13th Jan 20093:40 pmRNSPrice Monitoring Extension
9th Jan 200910:38 amRNSResult of Meeting
9th Jan 200910:28 amRNS3rd Quarter Results
17th Dec 20083:45 pmRNSSecond Price Monitoring Extn
17th Dec 20083:40 pmRNSPrice Monitoring Extension
10th Dec 200811:32 amRNSIssue of Equity
14th Nov 20083:47 pmRNSSecond Price Monitoring Extn
14th Nov 20083:40 pmRNSPrice Monitoring Extension
7th Nov 200811:41 amRNSIssue of Debt
31st Oct 20083:49 pmRNSSecond Price Monitoring Extn
31st Oct 20083:40 pmRNSPrice Monitoring Extension
15th Oct 200812:56 pmRNSREPLACEMENT - FORMING OF A JOINT VENTURE COMPANY
13th Oct 20087:08 amRNSUNAUDITED QUARTERLY/ HALF YEARLY RESULTS
13th Oct 20087:00 amRNSJoint Venture with Syrah Resources Ltd
29th Sep 20081:58 pmRNSIssue of Debt
11th Sep 20081:53 pmRNSIssue of Equity
16th Jul 20087:43 amRNSIssue of Equity
15th Jul 20083:46 pmRNSSecond Price Monitoring Extn
15th Jul 20083:40 pmRNSPrice Monitoring Extension
14th Jul 20089:46 amRNS1st Quarter Results
6th Jun 200810:11 amRNSResult of Meeting
6th Jun 20089:59 amRNSAGM Statement
1st May 200812:36 pmRNSDirectorate Change
21st Apr 20081:14 pmRNSFinal Results

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