Axis Bank has announced the appointment of Malavika R. Harita as an additional independent director, effective December 18, 2025. Her term will last for four years, concluding on December 17, 2029, subject to shareholder approval. Harita, with 43 years of experience, is a noted entrepreneur and mentor.
Appointment of New Director
Malavika R. Harita (DIN: 09005600) has been appointed as an additional independent director of Axis Bank. The appointment was decided during a board meeting held on December 18, 2025.
Term and Conditions
Harita’s term will span four years, starting from December 18, 2025, and ending on December 17, 2029. The appointment is subject to the approval of the bank’s shareholders.
Professional Background
Malavika R. Harita brings 43 years of experience in marketing, communication, and entrepreneurship. She previously founded and led Saatchi & Saatchi Focus in India as CEO for 25 years, and founded Brand Circle in 2018. She serves as a resident mentor at NSRCEL, IIM Bangalore and also holds the position of Chairperson for the Atal Innovation Mission at IIMV.
Other Affiliations
Malavika R. Harita serves on the Board of Governors of IIM Bangalore and IIM Visakhapatnam, and is on the Governing Council of Mount Carmel College. She is also an independent director on the Board of Symphony Limited.
Educational Qualifications
She holds a Bachelor’s Degree in Physics, Chemistry, and Mathematics from Bangalore University, a Post Graduate Diploma in Management from IIM Bangalore, and other postgraduate diplomas from institutions including Columbia Business School and MIT Sloan School.
Source: BSE
