Axis Bank has announced the appointment of Neeraj Gambhir as Executive Director for a period of three years, effective August 4, 2025, or from the date of approval by the Reserve Bank of India (RBI), whichever is later. The decision was ratified by the bank’s Board of Directors during its meeting held on July 18, 2025, following the recommendation of the Nomination and Remuneration Committee.
Gambhir, currently serving as Group Executive – Treasury, Markets and Wholesale Banking Products, brings over three decades of experience in the financial sector. Prior to joining Axis Bank in 2020, he held senior leadership roles at Nomura India, Lehman Brothers India, and ICICI Bank. He is also actively involved in regulatory and industry bodies, including SEBI’s Advisory Committees and the Board of Axis Asset Management and Axis Pension Fund Management.
His appointment coincides with a broader leadership reshuffle at Axis Bank. Arjun Chowdhry, Group Executive for Affluent Banking, Cards, Payments, and Retail Lending, has tendered his resignation to pursue entrepreneurial interests and will be relieved of his duties on August 31, 2025. Additionally, the appointment follows the retirement of current Executive Director Rajiv Anand, who will step down on August 3, 2025, upon completion of his term.
Gambhir’s elevation comes at a time when Axis Bank is navigating margin pressures and asset quality concerns, as reflected in its recent quarterly earnings report. The bank expressed confidence in Gambhir’s leadership to steer its strategic priorities and maintain growth momentum in the evolving financial landscape.
