Rajiv Anand to retire as Axis Bank Deputy MD on August 3

Axis Bank on Friday announced that Rajiv Anand will retire as the Deputy Managing Director at the close of business hours on August 3, 2025 upon completion of his third term as a Director on the Bank’s Board.

"Rajiv has been instrumental in transforming the Corporate Bank and contributed to building our retail franchise in its formative years. Rajiv has built and groomed a strong team. We have a strong leadership pipeline at the Bank that will ensure that our clients continue to receive best in class service and our competitive positioning continues to improve," said Axis Bank through a stock exchange filing.

"Rajiv’s association with the Axis group will continue after his retirement from the Bank as Nonexecutive Chairperson of Axis Max Life Insurance Limited. The Board and the management team places on record their appreciation for his contributions to the Bank over the years and wishes him very best in his future endeavours," said the bank in the official statement.