2023-09-15 14:18:20
September 15, 2023 at 4:18 p.m.
Investment bank Axis Capital’s co-chief executive Chirag Negandhi has resigned, two sources with direct knowledge of the matter told Archyde.com, adding that the company is likely to bring in an outside candidate for the role. job. Chirag Negandhi’s departure was communicated internally on Friday, said the first source. He spent more than 13 years at Axis’ investment bank and will remain in the role for another three months, the source added. Axis Capital, one of the country’s largest investment banks, has participated in several successful IPOs over the past year, including those of Cyient DLM, Mankind Pharma and Bikaji Foods.
Axis Capital did not immediately respond to a Archyde.com request for comment. Mr. Negandhi declined to comment.
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