Shri Rakesh Makhija
Independent Director & Non Executive (Part time) Chairman - Axis Bank
Shri Rakesh Makhija, 68 years, is an Independent Director & Non Executive (Part time) Chairman of the Bank.
Shri Rakesh Makhija is a chemical engineer from the Indian Institute of Technology, New Delhi. During his career spanning over four decades, he has been an active participant and contributor to the industrial and technology sectors, both internationally and in India.
Shri Makhija has held a number of top management positions within the SKF Group. He was the President for the Industrial Market (Strategic Industries) and a member of the Group Executive Committee, based in Gothenburg Sweden. Prior to this, he was President of SKF Asia with overall responsibility for China and India. He was the Managing Director of SKF India from 2002 till 2009. Under his leadership, SKF India more than tripled its sales and was recognized through numerous industry awards for market leadership, amongst them the prestigious ‘CNBC Business Leader Award for Talent Management’ in 2007.
Prior to joining SKF, Shri Makhija was the CEO and Managing Director of Tata Honeywell Ltd. He was subsequently appointed as the Country Manager and Managing Director of Honeywell International, with responsibilities for driving the company’s growth in South Asia.
Prior to Honeywell, Shri Makhija worked with Kinetics Technology International BV (now Technip), a process engineering and contracting company in the Netherlands for over eight years.
Shri Makhija is a Member of the Audit Committee of Board, Nomination and Remuneration Committee, Special Committee for Monitoring of Large Value Frauds and the Acquisition, Divestment and Merger Committee of Directors of the Bank.