HDFC Bank CEO Sashidhar Jagdishan to retire in October, won’t seek reappointment


HDFC Bank Managing Director and CEO Sashidhar Jagdishan will retire in October and will not seek reappointment, the bank said in a regulatory filing on Saturday.

HDFC Bank Managing Director and CEO Sashidhar Jagdishan will retire from the bank in October and will not seek another term, the bank said in a regulatory filing.

The bank’s board will accelerate the process of identifying and appointing Jagdishan’s successor as MD and CEO. According to the filing, the appointment process will be completed “well within time”.

This is a developing story. More to follow.

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