Sashidhar Jagdishan appointed as the HDFC Bank’s New CEO

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.