IIM Lucknow signs MoU with Axis Bank

Moneycontrol News

Indian Institute of Management Lucknow and private sector lender Axis Bank have entered into an memorandum of understanding (MoU) through which all the female candidates getting into the one-year executive MBA, International Programme in Management for Executives (IPMX) programme will be given an option to join Axis Bank after completing their degree from IIM-L.

In a press statement, IIM-L said this initiative, which is the brainchild of Shikha Sharma, CEO, Axis Bank is called WE Lead.

Axis Bank, in a statement, said through Axis WE Lead, they wish to reinforce their commitment to initiatives beyond mere placements whilst focusing on leadership, nurturing and inclusivity by developing mid-managerial talent among women.

"This cohort is important from the point of view of building a strong career foundation for women to stay within the workforce and progress on to senior levels of management," the bank added

This lateral hiring programme also supports “Returning Women‟ who are back in the game after a time-out.