Management ChangeOct 28, 2026, 06:07 AM
HDFC Bank Appoints Anup Bagchi as New MD & CEO; Sashidhar Jagdishan Departs
AI Summary
HDFC Bank Limited announced a change in leadership with Sashidhar Jagdishan vacating his position as Managing Director & CEO on October 26, 2026, upon completing his tenure. Anup Bagchi has taken over as the new MD & CEO, effective October 27, 2026. The bank extended its gratitude to Mr. Jagdishan for his contributions, including his leadership during a significant merger. Updated contact information for key managerial personnel has been provided.
Key Highlights
- Sashidhar Jagdishan has vacated the office as MD & CEO of HDFC Bank effective October 26, 2026, upon completion of his tenure.
- Anup Bagchi has assumed charge as MD & CEO of HDFC Bank effective October 27, 2026.
- The bank expressed appreciation for Mr. Jagdishan's strategic vision and commitment, including his role in a major merger.
- Contact details for Key Managerial Personnel, including the new MD & CEO, have been updated.
- Ajay Agarwal continues as Company Secretary and Group Head – Secretarial & Group Oversight.
Price Impact
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