axis Bank Executive Director and Head of Strategy Rajesh Dahiya has left the private lender to work in the environmental, social and governance (ESG) sector. Dahiya, who will be associated with the Bank in his current role till December 31, 2021, will continue to participate in the social work undertaken by him. Axis Foundation. Dahiya, who has relinquished his executive role at the lender, has sought early retirement from the bank’s services to pursue personal and business interests outside his executive corporate career.

“I have requested the Axis Bank Board to redeem myself from the Executive position in the Bank, but I will continue to be associated with the Bank in a number of other capacities, such as I will remain on the Board of Axis Bank Foundation and some other bank subsidiaries, including Max Board, “Rajesh Dahiya, ED, Axis Bank told ET. “I will continue to lead the sustainability initiatives for the bank.”

Dahiya has agreed to closely engage with the Bank through specific projects and assignments. He will continue as a key board member for associates and subsidiaries including Axis Bank Foundation, Axis Trustees and Max Life.

Dahiya joined the bank in June 2010, after a successful 20-year stint in various group companies of the Tata group. During his 11 years tenure with the Bank, he has served in various corporate functions and was last responsible for the Corporate Center of the Bank as Executive Director on the Board of the Bank.

Dahiya said, “I have devoted a major part of the last 10 years in the social sector and want to spend some time and my personal resources directly working with rural India, livelihood and sustainability of women.”