Group Head – Branch Banking (South) resigns; ceases to be Senior Management Personnel on October 30, 2026

Sanjeev Moghe, Senior Management Personnel designated Group Head: Branch Banking – South, resigned on October 4, 2026 to pursue an outside opportunity.

Mon 5 Oct 2026

Senior Management Personnel

Sanjeev Moghe, Group Head: Branch Banking – South

Resignation Date

October 4, 2026

Date of Cessation

close of business on October 30, 2026

Reason for Resignation

to pursue an outside opportunity

Tenure Start

joined Axis in March 2018

What happened

• Sanjeev Moghe, Senior Management Personnel designated as Group Head: Branch Banking – South, has tendered his resignation on October 4, 2026.
• The reason given in the intimation is to pursue an opportunity outside the bank.
• He will be relieved from the services of the bank at the close of business on October 30, 2026, and will also cease to be a Senior Management Personnel with effect from that date.

Key dates

• Resignation tendered: October 4, 2026.
• Date of cessation: close of business on October 30, 2026.

What his resignation letter says

• He writes that he will work closely with the team to ensure a smooth and complete handover, and would like to be relieved on October 30, 2026.
• He states that he joined Axis in March 2018, and that over the last eight years he led Cards and Payments, and then the South geography for Branch Banking.
• He thanks his teams and the leadership team for their partnership.

From the standard annexure

• The particulars table records the resignation of Sanjeev Moghe, Senior Management Personnel designated as Group Head: Branch Banking – South, to pursue an opportunity outside the Bank.
• The date of cessation is shown as the close of business on October 30, 2026.
• The appointment-related rows, namely brief profile and disclosure of relationships between directors, are marked Not Applicable.

How to read this

• This is an intimation of a change in senior management, which the bank has disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• The change relates to a Senior Management Personnel role; the bank also marked the copy of this communication to the London Stock Exchange and the Singapore Stock Exchange.
• Such a development is generally seen as a leadership transition at the senior management level. The stated reason in the update is that the individual is moving to an opportunity outside the bank, and a handover period up to the end of October 30, 2026 is indicated.

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