Auditing Gets an Upgrade—Axis Welcomes Kedar Joshi to the Hot Seat

Axis Bank Ltd. (NSE: AXBK) has hired Kedar Joshi as its new Chief Audit Executive (CAE), an important leadership change in the internal governance structure of the bank. The hire is part of the initiative to strengthen the internal audit and risk monitoring capabilities of the bank.

 

Joshi has substantial experience in regulatory compliance, risk management, and governance control within, having been in charge of senior audit roles within the financial industry. His appointment will probably fortify Axis Bank's audit framework amid evolving regulatory mandates and digitalization initiatives.

 

The leadership change follows a series of recent alterations in the CAE role in Axis Bank, reflecting the bank's strategic focus on increased transparency and operational strength.

 

Sources: Investing.com, Axis Bank, Reuters