REG - Axis Bank Ltd - RESIGNATION OF JAIRAM SRIDHARAN - CFO OF THE BANK

Axis BankAnnouncement

06/12/2019 11:25

RNS Number : 0624W
Axis Bank Limited
06 December 2019
 


 
AXIS/CO/CS/748/2019-20
 
6th December 2019
                                                           

  Dear Sir(s),
 
SUB: RESIGNATION OF SHRI JAIRAM SRIDHARAN, AS GROUP EXECUTIVE & CHIEF FINANCIAL OFFICER OF AXIS BANK LIMITED
REF: REGULATION 30 READ WITH PARA A OF SCHEDULE III OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("LISTING REGULATIONS") 
 
This is to inform you that Shri Jairam Sridharan, Group Executive & Chief Financial Officer and Key Managerial Personnel of the Bank, has today informed the Bank that he would like to pursue other career opportunities and as such has resigned from the services of the Bank. Shri Jairam Sridharan will continue to serve as the Group Executive & Chief Financial Officer of the Bank under his notice period of three months.
 
Kindly note that the Bank, under guidance from Nomination & Remuneration Committee and the Audit Committee of Board, has initiated the succession plan for the said post and a suitable candidate will be appointed in due course and we will keep you posted on the same.
 
The Bank places on record its appreciation for the invaluable contribution provided by Shri Jairam Sridharan during his tenure as the Group Executive & Chief Financial Officer of the Bank and we wish him the very best in his future endeavors.
 
You are requested to take note of above and arrange to bring it to the notice of all concerned.
 
Thanking You,
 
Yours Sincerely,
For Axis Bank Limited
 
 
 
Girish V. Koliyote
Company Secretary




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