Axis Bank's Sanjeev Moghe resigns amid banking sector leadership churn
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Axis Bank senior executive Sanjeev Moghe resigned on 4 October to pursue opportunities outside the firm.
- ✓He will leave his post on 30 October.
- ✓This departure follows the exit of CFO Puneet Sharma in August.
Story at a Glance
- Category
- MARKET
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- mint
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Axis Bank Ltd senior executive Sanjeev Moghe has resigned, marking the lender's second top-level departure in a little over a month and adding to a slew of leadership changes across the banking industry. Moghe, the group head of branch banking - South, has left to pursue an opportunity outside the bank, according to Axis Bank.
Moghe tendered his resignation on 4 October and will be relieved at the close of business on 30 October, the bank said in a regulatory filing. He will cease to be a senior management personnel from that date.
Moghe joined Axis Bank in March 2018 and has led the South geography for branch banking and the bank's cards and payments business, according to his resignation letter. He did not disclose his next role.
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