Ashutosh Jain currently serves as CISO with Axis Bank. He provides strategic direction and delivers cyber security, information risk and security governance at Axis Bank, including eight international branches. His earlier career has spanned across: Barclays Bank, where he headed multiple roles for technology risk, information risk for India and emerging markets, a cluster of 14 countries across Asia and Africa; Nomura India, where he headed the technology governance, global IT security operations, global IT security engineering and Asia technology risk teams for the global investment bank, based out of India; AXA Business Services, where he managed enterprise risk as CISO; Bank of America, where he established the technology audit function for South Asia, and was responsible for bank audits in the South Asia and Far East Region; PricewaterhouseCoopers, where he was responsible for operations and systems risk management services for various engagements in business process controls, application reviews and IS security.
Axis Bank is one of the first new generation private sector banks to have begun operations in 1994. The Bank was promoted in 1993, jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India), Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd. (NIC), The New India Assurance Company Ltd. (NIA), The Oriental Insurance Company Ltd. (OIC), and United India Insurance Company Ltd. (UIIC). The shareholding of Unit Trust of India was subsequently transferred to SUUTI, an entity established in 2003. GIC, NIC, NIA, OIC, UIIC have been reclassified from promoter category to public category. As on March 31, 2023, SUUTI and LIC are the promoters of the Bank.
CISO, IndusInd Bank
October 12, 2023
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