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Axis Bank loses three treasury and corporate banking veterans in one month

Three senior leaders with a combined four decades at Axis Bank have resigned, following the CFO's exit weeks earlier — signalling a strategic shift in how the bank runs corporate banking.

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Finsamudra Desk

9 Jul 2026, 6:00 pm IST · 1 min read

3Senior resignations in one month20+ yearsAnil Agarwal's tenure at Axis~20 yearsVikas Shinde's tenure at Axis
In corporate banking, relationships are the ultimate currency. When 20-year veterans walk out the door, those relationships don’t just transfer to the next person. They leave with
Image: Finsamudra LinkedIn archive

Axis Bank has seen three senior treasury and corporate banking executives resign within a single month. Anil Agarwal, Group Head of Institutional Clients and a 20+ year veteran at the bank, has stepped down.

Vikas Shinde, Head of Debt Capital Markets with roughly 20 years at Axis, has also resigned, along with Jimmy Tavadia, Group Head of Trading, who joined the bank in 2019.

These exits come just weeks after Axis Bank's CFO, Puneet Sharma, left in a high-profile departure — adding to the sense of a broader leadership churn at the top of the bank's corporate and treasury functions.

Under CEO Amitabh Chaudhry, Axis Bank has pushed digital transformation and consolidation, including the Citi retail buyout. This latest round of exits suggests a move away from relationship-heavy corporate banking toward a more structured, system-driven model.

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