Axis Bank today announced elevation of its Executive Director S K Chakrabarti to Deputy Managing Director with effect from September 27.
"Mr Chakrabarti's elevation to the Board is in recognition of his contribution to the bank's growth and the all-round leadership provided by him", said Axis Bank's Managing Director & CEO Shikha Sharma.
"As Deputy Managing Director, he will be actively involved in the bank's overall strategy and will have specific responsibilities for the retail banking, SME and agri-business of the bank," she added.
Chakrabarti joined Axis Bank in 1994 as a Deputy General Manager and has since then handled varied assignments both in the corporate and retail businesses. He has been instrumental in building the SME and agri-business franchises.