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

Naveen Tahilyani, group head in-charge of transformation at Axis Financial institution, has stop inside seven months, becoming a member of a string of senior executives who’ve left the non-public sector lender within the current previous, in line with sources.

The sources additionally stated that Tahilyani, who had joined Axis Financial institution this yr, is perhaps headed again to Tata AIA as the pinnacle of nation operations.

When contacted, a financial institution spokesperson confirmed the event, saying Tahilyani – group govt and head of banking operations and transformation – shall be stepping down in November to pursue alternatives exterior Axis Financial institution.

The event on the Amitabh Chaudhry-led lender comes inside weeks of its govt director for retail Pralay Mondal quitting to affix the a lot smaller CSB Financial institution – what was termed as “compulsions”. Mondal’s exit was preceded by the exit of chief monetary officer Jairam Sridharan, who joined Piramal Finance because the chief govt of a newly began client finance enterprise.

Rajesh Dahiya, Axis Financial institution’s Govt Director (Company Heart), stated, “Naveen has been instrumental in bringing key operations and repair transformations to the financial institution. I thank him whole-heartedly for his contribution and need him the easiest for all his future endeavours”.

The financial institution assertion additionally quoted Tahilyani as that it was delight to work underneath Chaudhry and thanked all his colleagues.

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