Shikha Sharma has been re-appointed as MD&CEO of Axis Bank for three-year term from June 2018. Her current term was to end in June 2018. Axis Bank informed Bombay Stock Exchange that board of directors has approved the re-appointment. Sharma began her career with the erstwhile infra lender ICICI Ltd in 1980 and played a key role in setting up the group’s investment banking business. She joined Axis from ICICI Prudential Life where she was the managing director and chief executive and replaced the first chairman and chief executive of the bank P J Nayak.

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