Axis Bank’s Chief Financial Officer Puneet Sharma resigns, and HDFC Bank appoints him as its next finance chief. Sharma resigns from Axis Bank effective June 28 and will continue in his role until August 31. HDFC Bank names him as CFO-designate from September 1, with formal charge as chief financial officer set for December 1, 2026, according to the reports. The coverage says Sharma joined Axis Bank in March 2020 and, during his tenure, oversees the finance function along with areas including legal, secretarial, investor relations and procurement. Times of India adds that his oversight coincides with the bank’s stock nearly doubling, while also noting that he leaves to pursue new professional opportunities. Earlier in his career, all sources describe his experience at Tata Capital and Citibank. The Economic Times further details that he spent about 12 years at Tata Capital and held roles at Citibank across treasury operations, structured cash solutions and risk monitoring, and it identifies him as a chartered accountant and alumnus of the Indian School of Business. NDTV summarizes the move as a CFO reshuffle between the two banks.
Puneet Sharma resigns as Axis Bank CFO and joins HDFC Bank
Axis Bank’s Chief Financial Officer Puneet Sharma resigns, and HDFC Bank appoints him as its next finance chief. Sharma resigns from Axis Bank effective June 28 and will continue in his role until Aug...
- Puneet Sharma resigns as Axis Bank CFO effective June 28, and continues until August 31.
- HDFC Bank appoints Puneet Sharma as CFO-designate starting September 1.
- Sharma is scheduled to formally take charge as HDFC Bank chief financial officer on December 1, 2026.
- At Axis Bank, Sharma oversees finance and related functions including legal and investor relations.
- Before Axis Bank, Sharma worked at Tata Capital and Citibank and has a background in finance roles.
HDFC Bank on Monday appointed Puneet Sharma as its next finance chief, hours after the veteran banker announced his resignation from rival financial institution Axis Bank.Sharma, who resigned from Axis Bank on June 28 and will step down at the close of business on August 31, will join HDFC Bank as CFO-designate from September 1, before formally taking charge as chief financial officer on December 1, 2026.Also Read: Axis Bank CFO Puneet Sharma resigns to pursue new opportunitiesBefore joining Axis Bank, Sharma spent 12 years at Tata Capital, where he served as group CFO from 2014. Earlier in his career he held roles at Citibank across treasury operations, structured cash solutions and risk monitoring, and also worked as a consultant at Boston Consulting Group. A chartered accountant, he is an alumnus of the Indian School of Business, Hyderabad.Sharma had served as Axis Bank's group head and CFO since March 2020, overseeing not just the finance function but also legal, secretarial, investor relations and procurement. Axis Bank said it placed on record its appreciation for his contributions and wished him well in his future endeavours.
3 hours agoPuneet Sharma resigned from the position of CFO for Axis Bank Ltd. on Sunday.
6 hours agoAxis Bank's Chief Financial Officer, Puneet Sharma, has resigned, stepping down on Sunday, June 28, but will continue until August 31. Sharma, who joined in March 2020, oversaw finance, legal, and investor relations, during which the bank's stock nearly doubled. He is leaving to pursue new professional opportunities. Sharma brings over two decades of finance experience from previous roles at Tata Capital and Citibank.
8 hours agoAxis Bank's Chief Financial Officer, Puneet Sharma, has resigned, stepping down on Sunday, June 28, but will continue until August 31. Sharma, who joined in March 2020, oversaw finance, legal, and investor relations, during which the bank's stock nearly doubled. He is leaving to pursue new professional opportunities. Sharma brings over two decades of finance experience from previous roles at Tata Capital and Citibank.
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