Shri B. Babu Rao
Director - Axis Bank
Shri B. Babu Rao, 59 years, is a Non-Executive (Nominee) Director of the Bank since 19th January 2016. Shri Babu Rao holds Bachelor degree in Engineering and received MBA from Indian Institute of Management, Ahmedabad.
Shri Babu Rao has more than 28 years of experience in the area of Finance, Capital Markets and Fund Management in UTI Mutual Fund.
He is currently managing the activities of the Specified Undertaking of UTI (SUUTI) as CEO on deputation from UTI Asset Management Company Ltd. During his career in UTI, he has handled various assignments and extensively worked in the areas of
Project Finance, Investment Management, Offshore Funds, Venture Capital and Private Equity Funds, resolution of stressed assets and investor relations. Prior to joining UTI in the year 1989, he worked with Larsen & Toubro Ltd. for six
He is a Chairman of the Stakeholders Relationship Committee and Member of the Audit Committee of the Board, Special Committee for Monitoring of Large Value Frauds and Customer Service Committee of Directors. Shri Babu Rao has attended 9 Board
Meetings of the Bank during the year. He does not hold any shares in the Bank. He is not related to any other Director or Key Managerial Personnel of the Bank.
The details of directorship held by Shri Babu Rao in other companies as on 31st March 2018 are as follows:
|Sr No||Names of the Companies||Nature of interest|
|1||Stock Holding Corporation of India Limited||Director|
|2||UTI Infrastructure Technology And Services Limited||Director|
|3||Axis Securites Limited||Director|
|4||National Financial Holdings Company Limted||Director|
The details of Committee Membership held by Shri Babu Rao in other companies are as follows:
|Sr No||Names of the Companies||Name of the Committee||Nature of interest|