RBL Bank appoints Axis bank executive Pankaj Sharma as its COO
03 Jan 2019
Private sector lender RBL Bank has named Pankaj Sharma as its chief operations officer to majorly overlook the corporate services function and the bank’s overall operations.
R Gurumurthy, Head - Risk & Governance at RBL Bank stated, “We have been scaling up our operations and Pankaj’s appointment is in line with our growth strategy. As we continue to enhance our capabilities, Pankaj’s rich experience, coupled with his knowledge and expertise will contribute immensely to further strengthen our operations unit and take it to the next phase of excellence.”
Sharma, who did his graduation in business studies from Delhi University and post-graduation from Symbiosis, Pune, previously worked with Axis Bank where he was heading retail operations. At Axis, He had spearheaded the ATM channel, phone banking, and branch automation and digital initiatives. Prior to that, he has worked with GE Countrywide, ICICI Bank and ICICI Prudential Life Insurance.
The Indian banking system is buzzing with appointments in the New Year. Just this week, Axis Bank’s new MD and CEO Amitabh Chaudhry took charge as outgoing MD and CEO Shikha Sharma retired, effective December 31, 2018. In the coming week, Yes Bank is also expected to give the final recommendation for the company's Managing Director and Chief Executive to the Reserve Bank of India after its board meeting on January 9, 2019.