Axis Bank brings on board Nilesh Shah

Nilesh Shah, former CIO at ICICI Prudential AMC, changes course and takes on a strategic role at India's Axis Bank, including overseeing investment banking.

Axis Bank has made a high-profile hire by bringing on board Nilesh Shah in a senior management role.

The former chief investment officer of ICICI Prudential AMC joins Axis Bank as president of strategic initiatives in its corporate banking division but he is also charged with leading Axis Bank’s investment banking department, according to a press release issued by the Mumbai-based bank.

Shah joined ICICI Prudential in June 2004 and was promoted to deputy managing director in 2007. He resigned in December last year.

The hire is testament to Axis Bank boss Shikha Sharma’s ability to attract top talent. She joined...

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