HDFC Bank Appoints New CFO-Designate and GC-Designate
HDFC Bank Limited announced key management changes following a Board of Directors meeting on June 29, 2026. Mr. Puneet Sharma has been appointed as Chief Financial Officer - Designate (CFO-Designate) effective September 1, 2026, and will assume the role of Chief Financial Officer on December 1, 2026. Concurrently, Mr. Jigar Shah has been appointed as General Counsel – Designate (GC-Designate) effective August 20, 2026, and will become General Counsel on October 1, 2026. Both individuals will be part of the Bank's Senior Management Personnel from their respective designation dates. Mr. Sharma will also be a Key Managerial Person upon becoming CFO. The filing details their extensive experience in banking, finance, legal, and compliance sectors.
Key Highlights
- Puneet Sharma appointed CFO-Designate from Sep 1, 2026, and CFO from Dec 1, 2026.
- Jigar Shah appointed GC-Designate from Aug 20, 2026, and GC from Oct 1, 2026.
- Both appointees will be part of HDFC Bank's Senior Management Personnel.
- Puneet Sharma to become Key Managerial Person upon assuming CFO role.
- Appointments based on recommendations from Audit and Governance Committees.
Price Impact
More from HDFCBANK
More in Management Change