Axis Bank Limited announced the appointment of Malavika R. Harita as an additional independent director to its Board of Directors. The decision was made based on the recommendations of the Nomination and Remuneration Committee and was approved by the Board during a meeting held on December 18, 2025. Malavika R. Harita's tenure will be for a period of four years, effective from December 18, 2025, up to December 17, 2029, subject to shareholder approval. As an independent director, she will not be liable to retire by rotation during her term, as per Section 149(13) of the Companies Act, 2013. She is not related to any existing Directors or Key Managerial Personnel of the Bank. The bank also confirmed that she is not debarred from holding the office of director by any SEBI order or other authority. The Board meeting commenced at 9:00 am and the appointment was approved at 10:00 am on December 18, 2025. Malavika R. Harita, aged 67, brings 43 years of experience in marketing, communication, and entrepreneurship. She previously served as CEO of Saatchi & Saatchi Focus in India for 25 years and founded her consultancy firm, Brand Circle, in 2018. She is also a resident mentor at NSRCEL, IIM Bangalore, and serves on the Boards of Symphony Limited, IIM Bangalore, and IIM Visakhapatnam.