Arun Alagappan appointed as executive chairman of Coromandel International

Agricultural solutions major Coromandel International, a part of Chennai-based Murugappa Group, has appointed Arun Alagappan as executive chairman of the company, effective from Thursday (April 26).

Alagappan has been the executive vice chairman of the company since February 2021. His appointment comes as A. Vellayan retires from the position of chairman and non-executive director with effect from the close of Wednesday.

The board of directors at their meeting held on Thursday accepted the retirement sought by A. Vellayan and, in recognition of his contributions to the company over the past many years and for his continued guidance to the senior management in view of his tremendous experience and valuable contributions, appointed him as chairman emeritus.

Axis Bank board approves reappointment of Amitabh Chaudhry as MD for 3 years

Axis Bank on Thursday said its board has approved reappointment of Amitabh Chaudhry as MD & CEO for three years with effect from January 1, 2025.
 

This will be his second extension of three years. His last extension came into effect from January 1, 2022. Chaudhry joined the bank as MD&CEO in 2019. Prior to that he was MD & CEO of HDFC Life.
 

The reappointment is subject to approval of the Reserve Bank of India and shareholders, Axis Bank said in a regulatory filing.

Chaudhry is an alumnus of Birla Institute of Technology and Science, Pilani and IIM, Ahmedabad.

(With inputs from PTI)