Churn at private banks' finance function, 2 CFOs quit
Published 29 June 2026 ยท india
Synopsis A significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandhan Bank have seen their Chief Financial Officers
Synopsis A significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandhan Bank have seen their Chief Financial Officers resign, sparking speculation about future leadership. This follows another high-profile departure from HDFC Bank. Industry insiders suggest a potential move for one CFO to HDFC Bank, while another might step into the Axis Bank role, creating an unusual churn ahead of financial results.
Published: June 29, 2026 โข 10:42 PM IST ยท Updated: June 29, 2026 โข 11:37 PM ISTBy TheBriefWire Editorial Team
Key points
Synopsis A significant reshuffle is underway in the finance departments of major Indian banks.
Axis Bank and Bandhan Bank have seen their Chief Financial Officers resign, sparking speculation about future leadership.
This follows another high-profile departure from HDFC Bank.
Industry insiders suggest a potential move for one CFO to HDFC Bank, while another might step into the Axis Bank role, creating an unusual churn ahead of financial results.