Kolkata: Axis Bank’s NBFC arm Axis Finance Limited (AFL) has appointed Sai Giridhar as the Managing Director & CEO ‘designate’, subject to regulatory approvals, a press release said on Tuesday.
He will replace Axis Bank veteran Bipin Saraf, who had been leading the Axis Finance team since 2013.
Saraf will be moving back to Axis Bank to lead Bharat Banking.
The transition of Bipin Saraf will be effected by the bank after regulatory approval.
Sai Giridhar brings over 28 years of experience in the banking domain and has handled leadership roles across various leading private sector banks.
In all his previous roles, he has been instrumental in building and executing strategy for businesses, products and functions.
He has significant experience in managing end-to-end P&L and has driven growth for product categories across consumer lending businesses.
He has played a pivotal role in shaping functions like consumer risk management, debt management and led initiatives towards innovation, digitization and technology to ensure high level of business efficiencies and customer centricity.
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