Makhija appointed as chairman of Axis Bank

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CONTEXT:

  • Rakesh Makhija, independent director was appointed as the non-executive (part-time) chairman of the bank, for a period of 3 years, with effect from July 18, 2019, up to July 17, 2022.
  • Rakesh Makhija has held a number of top management positions within the SKF Group.
  • Prior to joining SKF, he was the chief executive officer and managing director of Tata Honeywell Ltd.
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