BANK NEWS
Shri Shashidhar Jagdishan HDFC Bank next CEO approved by RBI
New Delhi: Reserve Bank of India approves Shri Shashidhar Jagdishan as HDFC Bank’s new Chief Executive Officer (CEO). Aditya Puri the Current CEO of HDFC served the bank for 26 years and now is set to retire in October this year and the charged will be taken by Shashidhar Jagdishan.
Jagdishan has experience in the banking sector from the past 29 years and currently he is head of finance Human Resources, Legal & Secretarial, Administration, Infrastructure, Corporate Communications, and Corporate Social Responsibility. In 1996 he joined the bank around as a Manager in the Finance function and then went on to become Business Head - Finance in 1999 and 2008 as Chief Financial Officer.
Kaizad Bharucha and Sunil Garg were also nominated in on the list with Jagdishan. In Annual General Meeting, Aditya Puri, the Chief Executive Officer of HDFC Bank, had indicated, “There has been a lot of talk about the successor not being with us for a long time. Our potential successor has been with us for 25 years. My successor was always in place, at least in my mind. It is now for RBI to decide,” he said.
News Must Read
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24
- RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI
- NTPC Green Energy Limited Inks MoU with Indus Towers Limited
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024