Axis Bank Limited announced that Vijay Mulbagal has been appointed as Group Executive & Head of Strategic Programs and Sustainability of the Bank with effect from March 14, 2024. He will work alongside the leadership team in shaping the agenda on key strategic initiatives for the Bank, which require long-term strategic foresight and near term thrust on execution. He joins the Bank from HDFC Bank, where he was the Group Head - Large Corporates - Supply Chain Finance and had led the renewed approach for Supply Chain Finance at HDFC Bank via reimagined focus on Digital Stack, Products, Processes & Fintech Partnerships.

He is a senior management under the provisions of extant applicable laws. Ravi Narayanan, to pursue an entrepreneurial journey leveraging on his 30+ years of corporate experience and has resigned from the role of Group Executive - Retail Liabilities, Branch Banking & Products on March 13, 2024. Ravi Narayanan will be relieved from the services of the Bank at the close of business on March 22, 2024.

Vijay Mulbagal has over 25 years of experience in Corporate Banking, Supply Chain Finance, branch banking and digitization. He has held a gamut of leadership roles across Corporate Banking and Consulting over his career and led several digital transformation-related interventions on the wholesale banking front redefining Customer Engagement, chaired steering committees on transformation projects and driven broad adoption of digital interventions across geographies to realize benefits, boost incomes and reduce costs.