What was filed
At its board meeting on 18 July 2026, Axis Bank's Board of Directors approved the appointment of **Rajeev Mantri** as Chief Financial Officer and a Key Managerial Personnel, with effect from 28 September 2026. The move followed recommendations from the bank's Nomination and Remuneration Committee and Audit Committee.
The filing ties the appointment to an earlier intimation dated 29 June 2026 on the resignation of Puneet Sharma as CFO — closing out a previously disclosed vacancy at the top of the bank's finance function.
Who is stepping in
Per the filing, Mantri is a full-time appointee who will be part of the bank's Senior Management. The bank describes him as a financial services leader with nearly three decades of experience across banking, financial services, credit information, consumer goods and international institutions.
He joins from Bandhan Bank, where he was Executive President and Chief Financial Officer, leading finance and strategy across a 150-plus member team. His earlier career spans Citibank, Standard Chartered and Mashreq across India, Singapore and the UAE. He is a Chartered Accountant from ICAI India and holds a Global Executive MBA from INSEAD, Singapore. The bank states he meets the qualifications prescribed under the RBI (Commercial Banks – Governance) Directions, 2025, for appointment of a CFO.