
Management Change29 Aug 2026, 06:00 pm
HDFC Bank MD & CEO Sashidhar Jagdishan to retire Oct 2026
AI Summary
HDFC Bank announced that its Managing Director & Chief Executive Officer, Mr. Sashidhar Jagdishan, has decided not to seek re-appointment. The Board of Directors has accepted his decision, and he will retire upon the close of business hours on October 26, 2026. The Board expressed appreciation for his leadership and contributions, particularly during the recent merger. They have also decided to expedite the process of selecting and appointing his successor.
Key Highlights
- MD & CEO Sashidhar Jagdishan will not seek re-appointment.
- Jagdishan's tenure concludes on October 26, 2026.
- Board to accelerate successor selection process.
- Appreciation for Jagdishan's leadership and merger role.
Price Impact
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