Axis Bank Approves Appointment of Rajeev Mantri as Chief Financial Officer and Key Managerial Personnel
Axis Bank Limited announced the approval of Rajeev Mantri for the role of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). This decision was made by the Board of Directors during a meeting held on July 18, 2026.The appointment was approved following recommendations from the Nomination and Remuneration Committee and the Audit Committee. Rajeev Mantri is set to join the Senior Management of Axis Bank with effect from September 28, 2026. He satisfies all qualifications prescribed under the Reserve Bank of India (Commercial Banks Governance) Directions, 2025 for the appointment of a CFO.
The appointment details were provided as part of the bank's operational updates.
Brief Profile: Rajeev Mantri
Rajeev Mantri is described as a seasoned financial services leader with nearly three decades of experience spanning banking, financial services, credit information, consumer goods, and international financial institutions. He currently serves as the Executive President and Chief Financial Officer at Bandhan Bank.Mr. Mantri leads all aspects of Finance and Strategy at Bandhan Bank, overseeing a team comprising over 150 members. His responsibilities include financial planning and analysis, accounting, controls, reporting, balance sheet and capital management, tax, procurement, payments, and investor relations.
He brings extensive expertise in banking finance, strategy, regulatory engagement, and business transformation developed across various global and Indian banks, including Citibank, Standard Chartered, and Mashreq across India, Singapore, and UAE. Rajeev Mantri holds a Global Executive MBA from INSEAD Business School, Singapore, and is a Chartered Accountant with ICAI India.
Key details regarding the appointment are summarized below:
| Particulars | Details |
|---|---|
| Appointment Reason | Appointment as Chief Financial Officer and Key Managerial Personnel of the Bank. |
| Effective Date | September 28, 2026 |
| Term | Full-time employment |
| Age | 49 years |
AXISBANK Stock Price Movement
Axis Bank Limited's stock gained a solid 1.67% on Friday, settling at ₹1328.50 in the equity market. The bank’s share price traded within an intraday range of ₹1305 to ₹1333, with trading volume reaching 11.19 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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