Ex-RBI deputy governor named Axis chairman

The Axis Bank board, at its meeting held, appointed independent director N S Vishwanathan as the non-executive (part-time) chairman for three years, subject to shareholder and regulatory approval.

His appointment will be effective from October 27, or the date of approval by the RBI if received after that day. Vishwanathan had joined the RBI in 1981 and retired in March 2020 as the deputy governor. He also served as the director of supervision at the Bank of Mauritius and as the chief vigilance officer and head of internal audit at the Industrial Financial Corporation of India.