Rajesh Dahiya quits Axis Bank, to pursue ESG initiatives

Rajesh Dahiya quits Axis Bank, to pursue ESG initiatives

Axis Bank executive director and strategy head Rajesh Dahiya has quit the private lender to pursue work in theEnvironmental, Social, and Governance (ESG) sector. Dahiya who will be associated with the bank in his current role till December 31, 2021, will continue to participate in the social work carried out by Axis Foundation. Dahiya who has quit his executive role at the lender, has sought early retirement from the services of the bank, to pursue personal and professional interests outside his executive corporate career.

“I have requested the Axis Bank board to be redeemed from the executive position at the bank, but I will continue to be associated with the bank in various other capacity, like I will continue to be on the board of Axis Bank foundation and a few other bank subsidiaries including Max board,” Rajesh Dahiya, ED, Axis Bank told ET. “I will continue to lead the sustainability initiative for the bank.”

Dahiya has consented to be closely associated with the Bank through specific projects and assignments. He will continue as a key board member for associates & subsidiaries including Axis Bank Foundation, Axis Trustee and Max Life.

Dahiya had joined the Bank in June 2010, after a successful stint of 20 years across various group companies of the Tata Group. During his over 11 years stint with the Bank, he has worked in various Corporate functions and was last responsible for Corporate Centre of the Bank as Executive Director on the Board of the Bank.

“I have devoted a large part of the last 10 years in the social sector and want to spend some time and my personal resources directly working with rural India, women livelihood and sustainability,” Dahiya said.

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