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Axis Bank Appoints Former HDFC Executive Rahul Shukla as Commercial and Bharat Banking Head
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Moneycontrol•17-10-2026, 19:34
Axis Bank Appoints Former HDFC Executive Rahul Shukla as Commercial and Bharat Banking Head
- •Axis Bank has named former HDFC Bank senior executive Rahul Shukla as the group head of its Commercial and Bharat Banking business.
- •The appointment has been approved by the bank's board and will officially take effect on October 19, 2026.
- •Shukla will oversee efforts to accelerate growth, deepen customer relationships, and expand the bank's presence in rural, semi-urban, and small business lending markets.
- •With over three decades of banking experience, Shukla previously headed HDFC Bank's Commercial and Rural Banking group and held senior leadership roles at Citi.
- •He holds an MBA from the Indian Institute of Management Bangalore and a degree in electrical engineering from the Indian Institute of Technology in Varanasi.
Key Questions Answered
Rahul Shukla's appointment as group head of Axis Bank's Commercial and Bharat Banking business will take effect on October 19, 2026.
He will be responsible for accelerating growth, deepening customer relationships, and strengthening the bank's presence across commercial and rural markets.
Shukla has over three decades of experience in wholesale, corporate, investment, commercial, and rural banking. He previously served as a senior executive at HDFC Bank heading the Commercial and Rural Banking group and held senior roles at Citi.
