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Axis Bank Appoints Non-Executive Chairman

Axis Bank said Sanjiv Misra, former Secretary, Department of Expenditure, Ministry of Finance, had been appointed as the Non-executive Chairman of Axis Bank effective March 8, 2013.

Further, on expiry of the term as Chairman on March 7, Adarsh Kishore, has tendered his resignation effective March 8. He has also ceased to be director of the bank from this date, the bank said.

At the BSE, Axis Bank shares are currently trading at Rs.1,404.90, up 0.11 percent from the previous close.

by RTTNews Staff Writer

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