Axis Bank reappoints Shikha Sharma as Managing Director

Axis Bank has reappointed Shikha Sharma as Managing Director for a further period of 3 years.

The board has approved the reappointment of Shikha Sharma as Managing Director and Chief Executive Officer of the bank for a further period of three years with effect from June 01, 2012 to May 31, 2015, Axis Bank said in a filing on the Bombay Stock Exchange (BSE).

The reappointment will be subject to approval of the Reserve Bank of India and subject to confirmation by the shareholders of the bank at the next general meeting, it said.

The bank had appointed Shikha Sharma as its Managing Director in 2009.

Source: Business Standard