Axis Bank sees yet another top-level exit: Transformation head Naveen Tahilyani

“Naveen Tahilyani, Group Executive & Head, Banking Operations & Transformation will be stepping down in November to pursue opportunities outside the bank,” an Axis Bank spokesperson said.

In his statement, Tahiliyani did not give any reasons or exiting the bank in just six months of joining. His statement read, “It has been an absolute delight to work at Axis Bank under Amitabh’s dynamic leadership and got an opportunity to collaborate with a first rate management team. I would like to thank everyone for the amazing professional experience.”

The bank has seen a spate of resignations over the last two years since the change of guard at the top with Amitabh Chaudhry’s appointment as MD & CEO.

The most recent exit was that of Pralay Mondal who resigned to join a smaller institution- CSB Bank.

Axis Bank’s CFO Jairam Sridharan had put in his papers last year to join Shriram Capital, as did the head of corporate transaction banking Siddharth Rath. Senior executives from its retail banking division, Sunit Madan and Jagdeep Mallareddy also left the bank earlier this year.