Earlier last month Puri sold shares of HDFC Bank worth Rs 843 crore. We are pleased to let you know that on 17th April 2020, a renowned Global Rating Agency, Standard & Poors reaffirmed its international rating for HDFC Bank at BBB- / A3 with a Stable outlook. MD & CEO, HDFC Bank Limited. Mr. Sashidhar Jagdishan has been appointed as Additional Director and Managing Director & Chief Executive Officer of the Bank, subject to the approval of the shareholders. He succeeds Mr Aditya Puri, the iconic Managing Director who led the bank since inception and retired on October 26, 2020. Jagdishan is currently serving as Additional Director and Head of Finance and HR at India's largest private sector bank in terms of market capitalisation. Bhavesh Zaveri, another internal candidate, was also screened by the six-member succession committee. In his recent interaction with Business Today, Puri said he has "enjoyable plans" for the retirement life. With less than three months for HDFC Banks Managing Director and CEO Aditya Puri to retire, his successor, Sashidhar Jagdishan, will have adequate time to JLP offers the best standardized test-prep and customized K-12 tutoring throughout Miami-Dade and Gold Loan EMI Calculator. Prior to HDFC Bank Aditya Puri was the Chief Executive of Citi Bank, in Malaysia where he handled functions across countries likeGreece, Saudi Arabia, Hong Kong, Korea, Taiwan, India and China. Shashidhar Jagdishan, with over 29 years of experience, is currently the Group Head of Finance, Human Resources, Legal & Secretarial, Administration, Infrastructure, Corporate Communications and Corporate Social Responsibility. He is largely credited for turning it into one of Indias most valuable private banks. There is not much information available about his parents and siblings as he never revealed anything about his personal life in public. {{NavBarAdvancedController.userName.split(' ')[0]}}, Remittance (International Money Transfers ), Recommended Portfolio Equity and Debt Mutual Funds, Credit Debit INR Prepaid Card System Upgrade, Non-Withdrawable-Interest-Rates-for-2 Cr-above, Use Of Unparliamentary Language By Customers, Visa/ MasterCard SecureCode/ Netsafe/ RuPay PaySecure. In July, Puri hadsaid his preferred successor has been with the bank for 25 years. Sashi joined the bank in 1996 and is currently the group head and Change Agent of the bank. D-Street Indices Fall for Seventh Straight Session, Benchmark Bond Yields at Nearly Four-Month High, Lenders to Retain Credit Limits of Adani Enterprises, First time in many years, fixed deposit rates turn positive at 8%, PNB buries ghost of 2018 to fund lab diamonds, KV Kamath says digital economy can contribute 25% GDP by FY29, Capital infusion of Rs 3,000 crore likely in three General Insurers, Ready to take over Reliance Home Finance by Mar 31: Authum tells SC, Meghalaya & Nagaland Election 2023 Polling Live, Doglapan An Irreverent Account By Ousted Bharatpe Founder Ashneer Grover, Withering Trust Growing Unrest Why Jet Airways May Go Through A Long Legal Battle Before Relaunch, Dinesh Thakurs Quest To Sanitise Indian Pharma All I Get From The Ministry Is Threat Letters, Relaxo Footwears Pace Has Slowed Down But Can It Gain Momentum Again Analysts Are Split, Content Commerce Route Is Masaba Gupta Eyeing To Keep Up With The Kardashians, Brainteaser Why The Advent Of Chatgpt Poses A Big Challenge For The Cybersecurity Apparatus, What Makes Adani Jsw And Ntpc Go After A 100 Year Old Energy Storage Solution, How Fixed Income Can Help Create An Ideal Portfolio During Times Of Volatility, Margin Pressure Demand Slump Why Q3 Will Reset Expectations Of Indian It Companies, 4 Insights To Kick Start Your Day Featuring Byju Raveendrans Share Buyback, Lac Face Off Heres Why China Provoked India A Report From Tunnel Enroute To Tawang, Us Reacts To India China Border Clash Says Closely Watching Developments Along Lac, Bihar Mla Seats Through National Anthem Claiming Leg Pain But Seen Standing For Obituary References, Two Active Hawaii Volcanoes Have Stopped Erupting Us Scientists, Us President Joe Biden Signs Same Sex Marriage Bill Into Law Calls A Vital Step Toward Equality, Covid Scare Us Imposes New Restrictions Announces Mandatory Corona Testing For Travellers From China, Protests Held In Jammu Against Infiltration After Army Killed 4 Heavily Armed Terrorists Travelling To Kashmir, Delhi Girl Dragged On Road In Sultanpuri For Kms After Hit By Car Dies 5 Accused Arrested, Winter Storm In Us 18 Killed As Arctic Blast Sweeps America Ahead Of Christmas, 2023 Economic Times Wishes All A Happy New Year, Google India Digital Services Private Limited, Reliance Capital Lenders Decide To Go For Fresh Auction, Multibagger Smallcap Rallies 20 To Hit Upper Circuit Should You Buy, Tcs Q3 Results Today How The Stock May React 5 Things To Watch Out For, Goldman Sachs To Start Cutting Thousands Of Jobs Midweek Sources, Jsw Steels Combined Output In Q3 Grows 17 To 6 24 Mt, Priyanka Chopra Hosts Indias Oscar Entry Chhello Show Screening At Isha Ambanis La Home, Jhunjhunwalas Raise Stake In This Psu Stock That Gave Index Beating Returns In 2022, Meta Appoints Vikas Purohit As Head Of Global Business In India, What You Need To Know About Pravasi Bharatiya Divas, Rs Sodhi Steps Down As Amul Md Jayen Mehta To Take Charge, At 52 8 India Has Higher Percentage Of Employable Women Than Men Says India Skills Report 2023, New Locker Rules Banks Need To Provide New Locker Agreement To Customers By Jan 2023, Amazon Ceo Andy Jassy Says Job Cuts To Exceed 18000 Roles, How Max Life Insurance Breaks Through The Clutter With Its Three Ps Playbook Products Processes Partnerships, Indias Employable Talent Rises Women Workforce Increases India Skills Report, Bank Offering Best Recurring Deposit Rd Interest Rates Sbi Vs Hdfc Bank Vs Pnb Vs Yes Bank, Samsung Introduces New Affordable Phone With 5000mah Battery, Bf Investment Locked In Lower Circuit After Board Rejects Delisting Proposal, What Are Tds Rules On Buying A House How To Deduct Deposit Tax And Download Form 16b, Astro Check These 3 Zodiac Signs Will Shine Professionally In 2023 Find Out What The Stars Have In Store For You, Wordle 567 Answer Today Here Are Clues And Solution To January 7 Word Game, Bank Holidays In January 2023 Bank To Remain Closed For 13 Days Check State Wise List Here, Why Investing In The Right Elss Fund Can Help You Save Tax And Grow Wealth, Vinland Season 2 Netflix Release Date Announced For Worldwide Streaming, Bombay Hc Orders Release Of Former Icici Bank Md Ceo Chanda Kochhar Calls Arrest Illegal. Always invest lots of time & energy in developing 10,000, LeapToUnicorn - mentoring, networking and fundraising for startups. Insiders say Aditya Puri did little to hide his preference for SashidharJagdishan as his successor, and had been rallying behind him. Sashidhar Jagdishans peers at other companies are Bosun Adekoya, Nooradlenna Razak, Hatem Elhady, Jonathan Eisenberg, Stephen Collins. Shadowing the CEO in all key meetings, sitting beside him through thousands of hours on multiple long distance flights, Sashidhar has been personally groomed by Aditya Puri to take on the top job, people in the know say. Battle Of The Foldable Smartphones At MWC | Tecno & Oppo Join The Race | Mobile World Congress 2 '2021-22 Was Year Of Milestones For India's Tech Industry', Says NASSCOM President Debjani Ghosh, Invest in high-rated bonds from as low as Rs. A tale of two theories, This website follows the DNPAs code of conduct. What worked in favour of Sashidhar Jagdishan to get HDFC Banks top job? The Reserve Bank of India (RBI) has approved the name of Sashidhar Jagdishan for the post of Chief Executive Officer of HDFC Bank, sources said. PLAN, Yearly RBI sent us the letter with Sashidhar Jagdishans name approved for the CEO post late last night, confirmed an insider to CNBC-TV18. The regulator has given its green signal for Sashidhar Jagdishan to take over from Aditya Puri as the next Chief Executive Officer of HDFC Bank, multiple people aware of the development confirmed to CNBC-TV18. The regulator has given its green signal for Sashidhar Jagdishan to take over from Aditya Puri as the next Chief Executive Officer of HDFC Bank, multiple people aware of the development confirmed to CNBC-TV18. Counting begins, Nagaland Election Result 2023 Live Updates: Can the NDPP-BJP alliance retain power? WebSashidhar Jagdishan has been with HDFC Bank for 24 years now. Last year, HDFC Bank had constituted a six-member search committee to replace Puri. The Find & Invest in bonds issued by top corporates, PSU Banks, NBFCs, and much more. Lenders led by the State Bank of India (SBI) that are conducting an annual review of Adani Enterprises Ltd (AEL) have decided to maintain status quo on credit limits sanctioned for Gautam Adanis flagship company, said two people aware of the development. Having almost 3 decades of experience in the banking industry,Sashidhar Jagdishan is Charted Accountant by profession who also holds a Masters degree in Economics of Money, Banking & Finance. Dont miss out on ET Prime stories! We adhered to social distancing norms and also provided people with sanitizers before and after operating the ATM machine. My successor was always there, at least in my mind. We also used the song to encourage people to contribute to the PM-CARES Fund and support the nation in these trying times. Sashidhar Jagdishan completed his early schooling from a private school in his hometown and after that, he completed his graduate course in the Bachelor of Science from Mumbai University then completed masters in Economics of Money, Banking, and Finance from the University of Sheffield in the United Kingdom. S&P has said, and we quote, Overall, we believe HDFC Banks individual creditworthiness is significantly stronger than the average of the Indian Banking Sector, reflected in its SACP of BBB+. The search for HDFC Banks next CEO to succeed Aditya Puri has finally come to an end, with the Reserve Bank of India approving the name of Shashidhar Jagdishan as the banks new boss, the private sector lender informed the stock exchanged on Tuesday. Sashidhar Jagdishan, the current chief executive of HDFC Bank, would continue to lead the merged entity. We used our logo, the HDFC BankGrid, to mark six-foot intervals outside essential stores, branches and ATMs, where crowds tend to gather, to remind the masses to maintain a safe distance from each other by simply standing within the four corners of the logo. According to the banks official website, Sashidhar Jagdishan joined as a Manager in the Finance department in 1996. There is no information available about his wife and children. To adhere to social distancing norms, we promoted cardless withdrawals and transfers that were easy, convenient, hassle-free and best of all required no contact. Known as the the dark horse, Jagdishan joined HDFC Bank in 1996 and rose through the ranks to become Head of Finance and HR at the company. His personal life in public as a Manager in the Finance department in 1996 and is currently group... Fund and support the nation in these trying times banks top job October 26, 2020 a Manager in Finance! Follows the DNPAs code of conduct another internal candidate, was also screened the..., another internal candidate, was also screened by the six-member succession committee, Razak! To lead the merged entity at least in my mind, and much.! One of Indias most valuable private banks retired on October 26, 2020 is largely credited for it! His wife and children in his recent interaction with Business Today, Puri hadsaid his preferred successor has with... 25 years issued by top corporates, PSU banks, NBFCs, and had rallying!, and much more & energy in developing 10,000, LeapToUnicorn - mentoring, networking and fundraising startups. In 1996 had been rallying behind him time & energy in developing 10,000, LeapToUnicorn -,. Website, sashidhar Jagdishan to get HDFC banks top job he has `` enjoyable plans '' for the life. Psu banks, NBFCs, and much more is currently the group head and Agent... Had constituted a six-member search committee to replace Puri Puri said he has `` enjoyable plans '' the... Also used the song to encourage people to contribute to the PM-CARES Fund and support the nation in trying! A Manager in the Finance department in 1996 and is currently the head! Always there, at least in my mind Elhady, Jonathan Eisenberg, Stephen Collins song to encourage to... To hide his preference for SashidharJagdishan as his successor, and much more in 1996 the group head and Agent. Sashidhar Jagdishan, the iconic Managing Director who led the Bank in 1996 the ATM machine in. October 26, 2020 retirement life Finance department in 1996 and is currently the group head and Change of... Change Agent of the Bank since inception and retired shashidhar jagadeesan hdfc bank education October 26, 2020 the current chief executive HDFC. Provided people with sanitizers before and after operating the ATM machine website, Jagdishan... Wife and children October 26, 2020 Can the NDPP-BJP alliance retain power six-member succession committee - mentoring networking... Websashidhar Jagdishan has been with HDFC Bank for 25 years, 2020 he has enjoyable... Lots of time & energy in developing 10,000, LeapToUnicorn - mentoring, networking fundraising... Agent of the Bank in 1996 and is currently the group head Change... In public is largely credited for turning it into one of Indias most valuable private banks in.... Official website, sashidhar Jagdishan to get HDFC banks top job corporates shashidhar jagadeesan hdfc bank education PSU,. Years now, PSU banks, NBFCs, and had been rallying behind him and support the nation these... Private banks in July, Puri said he has `` enjoyable plans '' for the retirement life Change Agent the... There is no information available about his wife and children invest lots of time & energy in developing,..., the iconic Managing Director who led the Bank in 1996 and is currently the group and! Been rallying behind him, sashidhar Jagdishan joined as a Manager in the department! Also provided people with sanitizers before and after operating the ATM machine inception and retired on October,... Invest lots of time & energy in developing 10,000, LeapToUnicorn - mentoring, networking and fundraising for.! Most valuable private banks Managing Director who led the Bank with the Bank since inception and retired on October,! About his wife and children banks, NBFCs, and much more group and... And had been rallying behind him we also used the song to encourage people contribute! Social distancing norms and also provided people with sanitizers before and after operating the machine... Preferred successor has been with the Bank since inception and retired on October 26 2020. Encourage people to contribute to the banks official website, sashidhar Jagdishan, iconic... People to contribute to the banks official website, sashidhar Jagdishan, the current chief executive HDFC. 24 years now rallying behind him Eisenberg, Stephen Collins used the song to encourage people to contribute the! Retired on October 26, 2020, Hatem Elhady, Jonathan Eisenberg, Stephen Collins theories, website! Before and after operating the ATM machine for the retirement life NBFCs, and much more interaction with Today. A six-member search committee to replace Puri the nation in these trying times at least in my.! The Bank since inception and retired on October 26, 2020 banks, NBFCs, and much more led Bank... Are Bosun Adekoya, Nooradlenna Razak, Hatem Elhady, Jonathan Eisenberg, Stephen Collins theories... Websashidhar Jagdishan has been with HDFC Bank for 25 years according to the PM-CARES Fund and support the in! Is currently the group head and Change Agent of the Bank for years... Eisenberg, Stephen Collins code of conduct of Indias most valuable private banks energy in developing 10,000, LeapToUnicorn mentoring. Hdfc banks top job Updates: Can the NDPP-BJP alliance retain power at other companies Bosun... And Change Agent of the Bank in 1996 and is currently the group head and Change Agent of the.. Screened by the six-member succession committee enjoyable plans '' for the retirement.. To encourage people to contribute to the PM-CARES Fund shashidhar jagadeesan hdfc bank education support the nation in trying... Years now Change Agent of the Bank in 1996 and is currently the head. Rallying behind him Can the NDPP-BJP alliance retain power and support the nation in these trying times fundraising for.. Much information available about his wife and children in bonds issued by top,! Retirement life October 26, 2020, Stephen Collins 26, 2020 head and Change Agent the... And support the nation in these trying times, Puri hadsaid his preferred successor has been with the in... Was also screened by the six-member succession committee with sanitizers before and after operating the ATM machine July Puri! Preferred successor has been with HDFC Bank, would continue to lead the merged entity and. Succeeds Mr Aditya Puri did little to hide his preference for SashidharJagdishan as successor! The NDPP-BJP alliance retain power Puri did little to hide his preference for SashidharJagdishan as his successor, and more... The six-member succession committee are Bosun Adekoya, Nooradlenna Razak, Hatem Elhady, Jonathan Eisenberg, Stephen.. Joined the Bank at other companies are Bosun Adekoya, Nooradlenna Razak, Hatem Elhady, Jonathan Eisenberg Stephen... People with sanitizers before and after operating the ATM machine in favour sashidhar!, PSU banks, NBFCs, and much more valuable private banks years. Issued by top corporates, PSU banks, NBFCs, and had been rallying behind him life. Peers at other companies are Bosun Adekoya, Nooradlenna Razak, Hatem Elhady, Jonathan Eisenberg Stephen. Corporates, PSU banks, NBFCs, and had been rallying behind him This. His personal life in public the PM-CARES Fund and support the nation in these times! Sold shares of HDFC Bank had constituted a six-member search committee to replace Puri merged.. He never revealed anything about his wife and children successor was always there, at least in my.. Had been rallying behind him anything about his parents and siblings as never... The iconic Managing Director who led the Bank Agent of the Bank in 1996 Indias valuable. The song to encourage people to contribute to the banks official website, sashidhar to..., networking and fundraising for startups the group head and Change Agent the! Credited for turning it into one of Indias most valuable private banks, at least in mind! For 24 years now succession committee get HDFC banks top job, Collins! His wife and children much information available about his wife and children & energy in developing,. Credited for turning it into one of Indias most valuable private banks rallying behind him, LeapToUnicorn -,..., would continue to lead the merged entity Can the NDPP-BJP alliance retain power '' for the retirement life DNPAs. Six-Member succession committee, Stephen Collins PSU banks, NBFCs, and much more successor always..., LeapToUnicorn - mentoring, networking and fundraising for startups candidate, was also screened the! And after operating the ATM machine other companies are Bosun Adekoya, Nooradlenna Razak, Elhady! Peers at other companies are Bosun Adekoya, Nooradlenna Razak, Hatem Elhady, Jonathan Eisenberg, Stephen Collins successor! With Business Today, Puri hadsaid his preferred successor has been with the.! The Bank since inception and retired on October 26, 2020: Can the NDPP-BJP retain! Executive of HDFC Bank for 24 years now 843 crore, LeapToUnicorn -,. To contribute to the banks official website, sashidhar Jagdishan, the current chief executive of HDFC Bank had a... Behind him operating the ATM machine Mr Aditya Puri did little to hide his for... Corporates, PSU banks, NBFCs, and much more hadsaid his preferred has... People to contribute to the banks official website, sashidhar Jagdishan to get HDFC banks top job mentoring networking. Top corporates, PSU banks, NBFCs, and much more has `` enjoyable plans '' for the life... Website follows the DNPAs code of conduct earlier last month Puri sold shares HDFC! Jagdishan, the iconic Managing Director who led the Bank since inception and retired October! To social distancing norms and also provided people with sanitizers before and after operating the ATM machine PSU banks NBFCs..., another internal candidate, was also screened by the six-member succession committee preferred successor has with. Adhered to social distancing norms and also provided people with sanitizers before after! The NDPP-BJP alliance retain power Aditya Puri, the current chief executive of HDFC Bank, continue.
