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Anup Bagchi takes charge as HDFC Bank MD and CEO
🇮🇳 India · Economy · 9 h ago
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26.10 06:57 UTC
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HDFC Bank slips further as Bagchi takes charge amid leadership uncertainty
Deputy Managing Director Kaizad Bharucha is scheduled to exit by December, compounding the leadership transition.
Anup Bagchi, who spent several years in senior roles at ICICI Bank before leading ICICI Prudential Life, has been appointed chief executive of HDFC Bank.
In March, then Chairman Atanu Chakraborty resigned citing differences between his personal values and certain practices at the bank.
His predecessor, Sashidhar Jagdishan, vacated office on Monday after the completion of his term, the bank informed exchanges.
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