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.
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