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This Article is From Dec 31, 2019

Amit Talgeri Replaces Cyril Anand As Axis Bank’s Chief Risk Officer

Amit Talgeri Replaces Cyril Anand As Axis Bank’s Chief Risk Officer
People walk past a branch of Axis Bank Ltd. on Mahatma Gandhi Road in Gangtok. Photographer: Prashanth Vishwanathan/Bloomberg

Axis Bank Ltd. has appointed Amit Talgeri as its chief risk officer for three years starting Jan. 1, 2020.

He replaces Cyril Anand, who will retire from the services of the bank, with effect from close of business hours of Dec. 31, 2019, the private sector lender said in a statement.

Additionally, Naveen Tahilyani has been appointed as group executive—head, banking operations and transformation—effective Jan. 6. Tahilyani will lead operations, technology, strategy, and analytics from that day.

Both Tahilyani and Talgeri will report to Amitabh Chaudhry, managing director and chief executive officer of the bank.

"We are confident that with these appointments, the bank will further consolidate its leadership position across multiple businesses, as we look forward to progressing to the next phase of growth," Chaudhry said.

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