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Board of Directors

Rakesh-Makhija

Shri Rakesh Makhija
Director
- Axis Bank

Shri Rakesh Makhija, 66 years, is an Independent Director of the Bank since 27th October 2015.

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. Shri Makhija 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 Rakesh Makhija in other companies as on 31st March 2018 are as follows:

Sr NoNames of the CompaniesNature of interest
1Tata Technologies LimitedDirector
2TML Drivelines LimitedDirector
3SKF India LimitedChairman
4A.TREDS LimitedDirector
5Tata Marcopolo Motors LtdDirector

The details of Committee Membership held by Shri Makhija in other companies are as follows:

Sr NoNames of the CompaniesName of the CommitteeNature of interest
1Tata Technologies LimitedAudit CommitteeMember
2TML Drivelines LimitedAudit CommitteeChairman
3SKF India LimitedAudit CommitteeMember
4A.TREDS LimitedAudit CommitteeChairman
5Tata Marcopolo Motors LtdAudit CommitteeMember
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