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Axis Bank Executive Sanjeev Moghe Resigns Amid Leadership Changes
Sanjeev Moghe is a senior leader at Axis Bank.
He joined the bank in 2018 and led its Cards and Payments business before taking charge of Branch Banking in the South.
He has decided to leave Axis Bank for an opportunity elsewhere.
He sent in his resignation on October 4, 2026, and is expected to finish work on October 30.
Moghe said he would help his team hand over his responsibilities smoothly.
Axis Bank thanked him for his work and wished him well.
Another senior leader, CFO Puneet Sharma, also recently left the bank.
Other banks and financial companies in India are making leadership changes too.
Axis Bank said senior executive Sanjeev Moghe resigned to pursue an opportunity outside the bank.
Moghe submitted his resignation on October 4 and is due to leave at close of business on October 30, 2026.
He joined Axis Bank in March 2018 and led Cards and Payments before heading South Branch Banking.
Moghe said he would work with his team to ensure a smooth handover and thanked colleagues and bank leaders.
His departure follows CFO Puneet Sharma's resignation and comes amid leadership changes across India's banking sector.
- Who
- Sanjeev Moghe, an Axis Bank senior executive and Group Head for South Branch Banking.
- What
- He resigned to pursue an opportunity outside Axis Bank.
- Where
- Axis Bank, India.
- When
- He tendered his resignation on October 4 and is due to leave on October 30, 2026.
- Why
- Moghe said he received an opportunity outside the bank that he was keen to pursue.
Departure
Continuity
Moghe's next step
Departure
Moghe said he was keen to pursue an opportunity outside Axis Bank.
Continuity
He did not disclose details of the opportunity or his next role.
Transition
Departure
His resignation adds to senior leadership departures and changes in the banking sector.
Continuity
Moghe said he would support a smooth handover, and Axis Bank expressed appreciation for his contributions.
Key facts
- Joined Axis Bank
- March 2018
- Resignation submitted
- October 4
- Expected final day
- October 30, 2026
- Roles at Axis Bank
- Led Cards and Payments and later South Branch Banking
- Reason given
- To pursue an opportunity outside the bank
- Handover
- Moghe said he would work with his team to ensure a smooth and complete handover
- Bank response
- Axis Bank placed on record its appreciation for his contributions and wished him well
Quotes
Sanjeev Moghe
Axis Bank Group Head–South, resigning after eight years at the bank.
“I will work closely with the team to ensure a smooth and complete handover, and would like to be relieved on October 30, 2026.”
livemint.com
“I leave with a great deal learnt and a great deal to be grateful for.”
livemint.com
Sources
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