HDFC Bank gets RBI approval to re-appoint Sashidhar Jagdishan as MD, CEO

20 Sep 2023 , 09:30 AM

HDFC Bank announced that the Reserve Bank of India has approved Sashidhar Jagdishan’s reappointment as MD and CEO of HDFC Bank on Tuesday.

Jagdishan, a chartered accountant by profession, with over 31 years of experience and a Master’s degree in Economics of Money, Banking, and Finance from the University of Sheffield in the United Kingdom.

He began his career at the bank in 1996 as a Manager in the Finance department. He was named Business Head – Finance in 1999 and Chief Financial Officer in 2008.

He played a vital role in supporting the Bank’s growth trajectory, and headed the finance function with a pivotal role in aligning the organization in attaining strategic objectives over the years, according to the bank’s release.

Prior to his appointment as Managing Director and Chief Executive Officer of the Bank, he was the Bank’s Group Head, in charge of Finance, Human Resources, Legal & Secretarial, Administration, Infrastructure, Corporate Communications, and Corporate Social Responsibility.

In the largest merger in Indian business history, announced last April, HDFC Bank agreed to buy HDFC in a $40 billion deal, creating a financial services powerhouse.

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