Nope, depends of the division. Though if you're with Group Finance and you're an AVP, you would only have 2 or 3 people under you. The ranking for the consumer banking follows as beloW;

1. VP
2. AVP
3.Manager
4.Assistant Manager
5. Senior Executive
6.Executive.

Now certain business units are pretty small that theres only 4 people in the team and there may be a HOD who's a Director (If he/she is a senior staffs) or you could find a VP who leads the team followed by him having an AVP and just an additional 2 or 3 people who may carry the tittle ranging from an Executive to a Manager.
Cheers, hope this helps