Amitabh Chaudhry currently leads Axis Bank, which is the third-largest private-sector bank in India.
Amitabh Chaudhry, the current Managing Director of Axis Bank, is among the richest bankers in India. As one of the top private sector banks in the country, Axis Bank has played a crucial role in India’s economic growth, creating numerous job opportunities.
Who is Amitabh Chaudhry?
Amitabh Chaudhry, the current leader of Axis Bank, India’s third-largest private sector bank, obtained a Bachelor of Engineering from Birla Institute of Technology and Science, Pilani, in 1985. He then pursued postgraduate studies at the Indian Institute of Management in Ahmedabad.
Chaudhry was the CEO and managing director of Infosys BPO from 2006 to 2010, and he has been leading HDFC Life Insurance ever since. In 2019, he took over as MD and CEO of Axis Bank, responsible for the growth, profitability, and sustainability of the bank and its subsidiaries.
In addition to his leadership roles at Axis Bank, Amitabh Chaudhry has served on the boards of Shriram Transport Finance Co. Ltd. and Manipal Global Education Services Limited. He has also been an Independent Director for HDFC Cedilla Ltd.
Salary of Amitabh Chaudhry
As per Moneycontrol, Amitabh Chaudhry, the CEO of Axis Bank, earned the highest salary among private bank CEOs in India with a total of Rs 7.62 crore in the last fiscal year, as reported in the bank’s FY22 annual report.
Sandeep Bakhshi, the CEO of ICICI, is believed to be the second wealthiest banker in India with a net profit of Rs 16,193 crore in 2020-21. According to Forbes, Uday Kotak, the founder of Kotak Mahindra, is India’s richest billionaire with a net worth of over $14 billion (approximately Rs 1.1 lakh crore) as of 2023.