Axis Bank, India's third largest private sector bank, today announced the appointment of Rajiv Anand as President - Retail Banking with effect from May 1, 2013.

At present, Anand heads the Axis Asset Management Company Ltd, the asset management arm of Axis Bank, as Managing Director and Chief Executive Officer.

Prior to this, Anand has worked with HSBC, Standard Chartered Mutual Fund and IDFC.