Amitabh Chaudhry, 54, will have a challenging job when he takes over as managing director and chief executive officer of private lender Axis Bank in January next year. In addition to challenges such as reining in non-performing assets (NPAs) and boosting profits, Chaudhry will have to repair the bank’s reputation, build internal controls, and improve regulatory relations.
He will succeed Shikha Sharma, whose term ends in December. Dwelling on priorities before Chaudhry, Ashvin Parekh, managing partner at Ashvin Parekh Advisory Services LLP, said building a quality loan ...
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