Executive Vice President, Affluent Business
Satheesh Krishnamurthy heads the Private Banking, Premium Banking, NRI & International Retail and the Third Party Products Business for the Bank.
Satheesh Krishnamurthy is a graduate from IIT Kharagpur and has done his Masters in Business Administration (MBA) from FMS, Delhi.
He joined Axis Bank in March 2014. Under his leadership, the Bank launched their most premium brand, ‘Burgundy’, a wealth management offering for Affluent clients in 2014 & “Burgundy Private”, a bespoke offering for
private banking clients in December 2019. The collective assets under management have now crossed INR 2.68 trillion (~US$ 32 billion). Both are among the fastest growing business units within the Bank and in the industry.
Prior to joining Axis Bank, Satheesh worked with Citibank across multiple geographies for over 13 years. In his last role with Citibank, he headed Citigold - Citibank's flagship brand in the affluent space. He was instrumental in launching Citigold
Private Client (CPC), an exclusive offering for high net worth clients with over USD 1 million relationship size with the bank.
Satheesh has worked across various business functions starting with the Corporate Salary accounts Business, Business banking, Cards, Sales & Distribution, and the Wealth Management Business across geographies. He also did a stint in New York
as part of Citibank's prestigious ‘Global High Potential Talent Development Program’. He returned to India as the Sales Director for the Cards business and was part of the team which developed a new Universal Banker distribution
architecture which was responsible for all retail product sales.
Satheesh was featured in Fortune India as India’s ‘40 Under 40’ in 2016 & in Business Today as ‘India's Hottest Executives in the Corporate Sector’ in 2015. He is a Director on the board of FIAI, India’s
financial distributor’s body working towards strengthening the cause, development, education and progress of the wealth management industry.