Axis Bank's operations head Tahilyani steps down within seven months

Naveen Tahilyani, group head in-charge of transformation at Axis Bank, has quit within seven months, joining a string of senior executives who have left the private sector lender in the recent past, according to sources.

The sources also said that Tahilyani, who had joined Axis Bank this year, might be headed back to Tata AIA as the head of country operations.

When contacted, a bank spokesperson confirmed the development, saying Tahilyani - group executive and head of banking operations and transformation - will be stepping down in November to pursue opportunities outside Axis Bank.

The development at the Amitabh Chaudhry-led lender comes within