Munish Sharda is going to be the new executive director of Axis Bank, have a look at his biography and salary
Find out more about him.
According to a notice by the bank to exchanges, Mumbai-based Axis Bank on October 26 accepted Munish Sharda’s appointment as Executive Director, starting on November 1, 2023.
Who is Munish Sharda new Axis Bank Executive Director, biography, education, profile, career, salary
The bank went on to say that Sharda’s appointment is subject to RBI and bank shareholder approval and is valid for three years from the date of appointment.
Since September 2021, Munish Sharda has served as the group executive and head of Bharat Banking at Axis Bank Limited. As group executive for Bharat Banking, he is in charge of spearheading the bank’s financial inclusion activities and promoting business growth in rural and semi-urban markets for all product offerings, including MFI, retail, MSME, wholesale, and retail deposits.
Munish Sharda's appointment as Executive Director is approved by Axis Bank.
Sharda's appointment is subject to the approval of the Bank's shareholders and the RBI, and it is valid for a period of three years from the date of appointment. pic.twitter.com/jg1IBR7IZu— theinvestologyy (@Investology11) October 26, 2023
Axis Bank board approves appointment of Munish Sharda As Bank’s whole-time director w.e.f. Nov 1, 2023
Munish Sharda’s appointment is subject to approval of bank’s shareholders & RBI pic.twitter.com/aMjd1iGQuu
— CNBC-TV18 (@CNBCTV18Live) October 26, 2023
Sharda has over 25 years of experience in the banking and financial services industry, having worked in all of the main markets in the nation in a variety of product categories. Now that he has been appointed as Executive Director of Axis Bank, he has become the talk of the town.
Due to this, many people are currently trying to find out more about him. So, here’s what we know about him:
Who is Munish Sharda?
Munish Sharda is a renowned Indian financial executive. He has been in the news because he was recently appointed as the executive director of Axis Bank for three years.
He attended several schools, including SCD Govt College in Ludhiana, BCM Arya Model School in Ludhiana, and Govt Model High School in Sector 20D. He then enrolled at Punjab Engineering College, where he graduated with a Mechanical Engineering Bachelor of Engineering (BE).
Subsequently, Munish Sharda enrolled at the prestigious Indian Institute of Management in Lucknow, where he graduated with a Post Graduate Diploma in Management (PGDM).
In August 2007, he participated in the Citi Transformational Leadership Series at the Indian Institute of Management in Ahmedabad as part of his pursuit of knowledge and leadership development. Later in his career, he engaged in the Generali Global Leadership Program at IMD Lausanne in October 2017. While his DOB isn’t known, he is aged between 50-60 years.
His career
Initially, Munish Sharda worked for ITC Limited and Larsen & Toubro (L&T). Afterward, he became the product head of Blow Plast Ltd. Munish held important positions at Citibank after making the move, reaching the position of Senior VP and Business Head-Personal Loans in India.
Subsequently, he became the director of sales and distribution at Aviva India. After that, he went on to work at Future Generali India Life Insurance, where he spent over eight years in the roles of managing director and chief executive officer.
Munish Sharda currently holds the crucial position of Group Executive and head of Bharat Banking at Axis Bank, where he promotes financial inclusion and drives business growth in rural and semi-urban sectors. His salary at the company isn’t known though.
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