Axis Bank has announced the board-approved re-appointments of two key leaders to strengthen its governance. N. S. Vishwanathan will continue his tenure as an Independent Director and Non-Executive (Part-time) Chairman, while P. N. Prasad has been re-appointed as an Independent Director. These leadership continuity measures are subject to necessary approvals, ensuring sustained oversight and strategic stability for the bank in the coming years.
Continuity in Board Leadership
Following recommendations from the Nomination and Remuneration Committee, the board of Axis Bank has formalized the re-appointment of two experienced professionals. These decisions are aimed at maintaining robust governance standards and leveraging the deep industry expertise of its leadership team. Both appointees have been confirmed as not being debarred from holding directorial positions by any statutory authority.
Details of Appointments
N. S. Vishwanathan (DIN: 09568559) has been re-appointed for a second term as an Independent Director for four years, effective from May 30, 2027, through May 29, 2031. Additionally, he will continue his role as the Non-Executive (Part-time) Chairman for a further three-year period, starting October 27, 2026, and concluding on October 26, 2029.
P. N. Prasad (DIN: 07430506) has been re-appointed as an Independent Director for a second term of four years. His new term is set to commence on October 20, 2026, and will remain in effect until October 19, 2030.
Leadership Profiles
N. S. Vishwanathan, aged 67, brings extensive central banking experience, having previously served as the Deputy Governor of the Reserve Bank of India. His background includes significant expertise in banking regulation, risk management, and governance. P. N. Prasad, aged 65, is a veteran professional banker with over 37 years of experience, including a distinguished career at the State Bank of India where he retired as a Deputy Managing Director. His expertise spans core commercial banking, corporate project finance, and risk management.
Source: BSE
