Axis Bank has appointed Rahul Shukla as Group Head of Commercial and Bharat Banking, bringing an experienced banking professional into a leadership role overseeing two key business segments. His appointment marks a new chapter in his banking career, spanning more than three decades across corporate, commercial, investment and rural banking in India and international markets.

Before joining Axis Bank, Shukla held several senior leadership positions at HDFC Bank, where he joined in March 2018 as Group Head of Corporate Banking and Business Banking. He subsequently led Wholesale Banking before taking charge of Commercial and Rural Banking in May 2021. During his tenure, his responsibilities covered multiple business segments, including corporate customers, commercial enterprises and rural markets.

Prior to HDFC Bank, Shukla spent more than 25 years at Citi, holding leadership roles across corporate banking and investment banking. His experience included leading the South Asia Corporate Bank and Asia-Pacific Technology, Media and Telecommunications Investment Banking, giving him exposure to diverse industries and financial markets.

In his new role at Axis Bank, Shukla will lead the Commercial and Bharat Banking businesses, focusing on business growth, customer relationships and expanding the bank’s reach across these segments. The role brings together his experience in serving established businesses and supporting commercial banking requirements across a broad customer base.

Shukla holds a Master of Business Administration from the Indian Institute of Management Bangalore and a bachelor’s degree in Electrical Engineering with honours from the Indian Institute of Technology, Varanasi. His appointment adds to Axis Bank’s senior leadership as the bank continues to develop its commercial and Bharat Banking operations.