Sashidhar Jagdishan has named as the new chief executive officer of HDFC Bank Ltd., India’s largest private lender. The Reserve Bank of India has approved Jagdishan’s candidature from a list of three potential chief executives suggested by the board of the private lender, according to the private lender’s press release on the stock exchange.
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Jagdishan, whose appointment was approved by the RBI, would take charge on October 27 and hold office for a period of three years. He will succeed retiring MD and CEO Aditya Puri.
Having joined as a manager in the finance function in 1996, Mr. Jagdishan rose to become the bank’s chief financial officer in 2008.
Jagdishan joined the bank in the year 1996 as a manager in the finance division. He became Business Head- Finance in 1999 and was appointed as the Chief Financial Officer of HDFC Bank in 2008.
