Effective October 27, 2020, on the retirement of Mr. Aditya Puri
The Reserve Bank of India approved the appointment of Mr. Sashidhar Jagdishan as Managing Director & CEO of HDFC Bank. The appointment is for a period of 3 years beginning October 27, 2020, and is subject to the approval of the Bank’s board and shareholders.
Mr. Aditya Puri, the iconic Managing Director who led the bank since inception retires on October 26, 2020.
Sashi to his friends and colleagues, Mr. Jagdishan joined the Bank in 1996 and has played a critical role in its growth ever since. Starting as a manager in the Finance department, he’s grown from strength to strength wearing different hats.
In 1999, he became Business Head – Finance and in 2008, the Chief Financial Officer of the bank. In 2019, he was appointed the “Change Agent of the Bank’ and given additional responsibilities of; Legal & Secretarial, Human Resource, Corporate Communication, Infrastructure & Administration, and CSR.
Mr Jagdishan has an overall experience of 30 years, 24 of which he’s spent in HDFC Bank. Prior to HDFC Bank, he had a 3 year stint with Deutsche Bank, AG, Mumbai.
Mr. Jagdishan is a Science Graduate (Physics) from Mumbai University and a qualified Chartered Accountant. He also holds a Master’s degree in Economics of Money, Banking & Finance from the University of Sheffield, UK.