Mumbai, Dec 21 (IANS) Axis Bank on Friday announced the appointment of Rajiv Anand as the Executive Director for the wholesale banking segment, with immediate effect.

The appoitnment comes after the retirement of V.Srinivasan as the Deputy Managing Director of the bank on Thursday.

"Rajiv Anand, Executive Director - Retail Banking, has taken over as the Executive Director - Wholesale Banking of the bank, with effect from December 21 2018," Axis Bank sid in a BSE filing.

Shares of Axis Bank on the BSE settled at Rs 621.10, lower by Rs 11.90 or 1.88 per cent from the previous close.

--IANS rrb-rv/prs