Axis Bank announced that its board of directors has approved the appointment of Munish Sharda as the bank's Whole-time Director inter alia Executive Director for a period of three years with effect from November 1 or the date of approval of his appointment by the Reserve Bank of India. The company also informed that Sharda would be liable to retire by rotation. Currently, the 52-years-old banker is the Group Executive & Head of Bharat Banking of Axis Bank Limited.

Since September 2021, as part of this role, his responsibilities included driving business growth in rural and Semi urban markets across all product offerings of the bank. He brings to the table an experience of over 25 years having worked across banking and financial services sector. Sharda has worked with Citi Group and also served as the MD & CEO of Future Generali India Life Insurance Company Limited for over seven years.

The bank also informed that he has worked in the consumer goods industry with Blow Plast Limited and with engineering major Larsen & Toubro Limited.