Axis Bank has announced the appointment of Neerja Gambhir as the Executive Director for three years, with effect from August 4. The appointment follows the retirement of current ED Rajiv Anand.
Neeraj Gambhir has been Group Executive – Treasury, Markets and Wholesale banking products at Axis Bank since May 2020. He has over 30 years of experience in India’s Financial sector and has worked in leadership roles across large domestic and global banking and financial services organizations during his career.
Prior to this, he was a Managing Director with Nomura, India, heading their Fixed Income business. Before that, he was Managing Director with Lehman Brothers, India, responsible for setting up their Credit Business in India. He was also Senior General Manager with ICICI Bank where he was responsible for Global Structured Finance and Advisory group and helped to set up its Proprietary Trading Group.
He has been actively involved in helping develop India’s financial markets and has been a part of several working groups and committees set up by the regulators and policy makers. He is currently a member of SEBI’s Advisory Committees on Mutual Funds and Corporate Bonds and Securitisation (COBOSAC).
He is on the Board of Axis Asset Management Company Limited, Chairman of Board of Axis Pension Fund Management Limited, Vice Chairman of Fixed Income Money Market and Derivatives Association of India and board member of the Ind Fx Code Participants Association. He is also a member of the Governing Board of Corporate Debt Markets Development Fund set up by SEBI.
Neeraj holds a Bachelor of Engineering degree in Computer Science and has done his Post Graduation in Business Management from Indian Institute of Management, Lucknow where he was awarded PGP Chairman’s Medal.
The bank also announced that Arjun Chowdhry, who is Group Executive for Affluent Banking, Cards, Payments, and Retail lending at Axis Bank, has resigned from his role to pursue entrepreneurial paths.
