Puneet Sharma, the finance executive who has served as CFO of Axis Bank since March 2020, resigns from Axis Bank and is appointed as HDFC Bank’s next CFO. Multiple outlets report that Axis Bank announced his resignation on June 28, and he continues in his role until August 31. He joins HDFC Bank as CFO-designate from September 1 and is expected to formally take charge as chief financial officer on December 1, 2026, succeeding retiring CFO Srinivasan Vaidyanathan after more than six years at Axis Bank.
Coverage also highlights Sharma’s earlier career and education. Before joining Axis Bank, he spent about 12 years at Tata Capital, where he served as group CFO from 2014. Earlier roles include positions at Citibank covering treasury operations, structured cash solutions, and risk monitoring, along with a consulting stint at Boston Consulting Group. Several reports note he is a chartered accountant and an alumnus of the Indian School of Business (Hyderabad).
During his tenure at Axis Bank, outlets describe him as overseeing not only finance but also functions such as legal, secretarial, investor relations, and procurement. NDTV also links his period at Axis Bank to strategic initiatives including the acquisition and integration of Citibank India’s consumer business, capital raising, and technology and digital investments.