Nilesh Shah resigned as MD & CEO of AXIS Capital Limited

Jan 7, 2015 14:24 IST

Nilesh Shah on 5 January 2015 resigned as Managing Director and Chief Executive Officer (MD &CEO) of Axis Capital Limited.

Shah with over 20 years of experience in capital markets has worked with the investment bank for nearly four years.

Shah joined Axis Bank as President, Strategic Initiatives—Corporate Banking in March 2011. He took over as MD & CEO of Axis Capital in November 2013.  

Prior to joining Axis, he was the Deputy-MD at the ICICI Prudential Asset Management. At ICICI he quit after serving for seven years when assets more than quadrupled.

ICICI Prudential's Discovery, Dynamic and Infrastructure schemes under his watch delivered higher-than-average returns between 2007 and 2010.

About Axis Capital Limited

In 2001, AXIS Capital Holdings Limited was founded in Pembroke, Bermuda. In February 2014, the company formed a Healthcare unit providing professional liability insurance.

AXIS Capital Holdings Limited is the holding company for AXIS group of companies. It offers various risk transfer products and services through subsidiaries and branch networks.

Current President and CEO of Axis Capital is Albert A. Benchimol.

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