Axis Capital has announced the appointment of Atul Mehra as its new Managing Director (MD) and Chief Executive Officer (CEO), pending final approval. Mehra will be responsible for overseeing both the investment banking and institutional equities divisions at Axis Capital.
With over 30 years of industry experience, Atul Mehra is a seasoned dealmaker, previously serving as the Joint MD at JM Financial.
Alongside Mehra's appointment, Axis Capital has also named Parag Gude as Chief Operating Officer (COO) of Institutional Equities and Dhaval Desai as Head of Cash Equities.
This leadership transition follows the departures of Salil Pitale, the current MD & co-CEO, and Chirag Negandhi, the former co-CEO who joined JM Financial in December.