We do this when you refresh/move back on the browser on any NetBanking page. Besides, Sunil Garg from Citibank was also in the fray. 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. Interestingly, both Jagdishan and executive director Kaizad Bharucha worked with the bank for close to 25 years, having joined in February 1996 and October 1995, respectively. After graduating in physics, Jagdishan pursued his masters degree in economics, before becoming a chartered accountant by profession. It is now for the Reserve Bank of India to decide, he had said. Sashidhar Jagdishan HDFC Bank was founded in 1994, and since then Aditya Puri, CEO of HDFC Bank, has been heading the operations. With the lockdown in full effect, we were at home every day, leaving us all more stressed and bored than ever. Invest as low as 10,000 and earn better returns than FD, Find safe & high-yielding bonds for your buck. The "I will play my favourite game, golf. WebThe Reserve Bank of India (RBI) on August 4 cleared the name of Sashidhar Jagdishan as the next chief executive officer of HDFC Bank, according to a senior RBI executive who or medium without express writtern permission of moneycontrol.com is prohibited. "He has played a critical role in supporting the growth trajectory of the bank. For security reasons, we have logged you out of HDFC Bank NetBanking. 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. Last month, at the banks annual general meeting, Puri, who retires on October 26, had said that the banks new MD would likely be an internal candidate with a long career at the lender. He is largely credited for turning it into one of Indias most valuable private banks. Our potential successor has been with us for 25 years. 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 will replace Aditya Puri, current Managing Director and Chief Executive Officer of HDFC Bank, who is set to retire on October 26. My successor was always in place, at least in my mind. Our aim was to keep you engaged and give you a #BreakFromBoredom so that you could stay home, stay safe and be creative. The recent selloff mirrors the weak trend in global equities after a series of US economic data including Fridays consumer price inflation, which is the Federal Reserves most preferred inflation gauge compounded fears the Federal Reserve will keep policy rates elevated for longer than the market had priced in. Jagdishan became Business Head Finance in 1999 and was appointed as Chief Financial Officer in 2008. Rahman, Prasoon Joshi and other eminent artists to bring you a tribute to the spirit of India and the millions of Indians fighting the COVID-19 pandemic. 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. 10,000, LeapToUnicorn - mentoring, networking and fundraising for startups. October 27, 2020, under Section 35B of the Banking Regulation Act 1949," HDFC said in a statement on Tuesday. WebHDFC Bank Research - Reports; Protect Life And Grow Wealth. Sashidhar Jagdishan joined the HDFC bank in 1996, after the completion of his masters degree. We partnered with A.R. Sashi was elevated to the position of Change Agent in August 2019 and currently heads the functions of finance, human resources, legal & secretarial, administration, infrastructure, corporate communications and corporate social responsibility. Air India to recruit 900 pilots, 4,200 cabin crew trainees this year, Know how to integrate ChatGPT with WhatsApp, Stocks that will see action on February 24, 2022, IOC plays cupid and matchmaker at workplace, Indiabulls Housing Finances board and management working on simplification of companys structure: Gagan Banga. Aditya Puri who is the current chief executive officer of HDFC bank has stated that Sashidhar possesses all the required skills and he will be going to play an important role in the growth of the Bank in the coming years. Your email address will not be published. He has played a critical role in supporting the growth trajectory of the bank, it further said. We adhered to social distancing norms and also provided people with sanitizers before and after operating the ATM machine. There is no information available about his wife and children. Secure Children's Future; Deposits; National Pension System; Gold Monetisation Scheme; BORROW Loans, EMI. What is the debate around it? Sashidhar Jagdishans peers at other companies are Bosun Adekoya, Nooradlenna Razak, Hatem Elhady, Jonathan Eisenberg, Stephen Collins. Locality Bank. 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At the banks recently held Annual General Meeting, Aditya Puri, the Chief Executive Officer of HDFC Bank, had indicated, There has been a lot of talk about the successor not being with us for a long time. He also holds the distinction of being the longest-running CEO of any bank in India. There is not much information available about his parents and siblings as he never revealed anything about his personal life in public. Earlier last month Puri sold shares of HDFC Bank worth Rs 843 crore. By 2019, there were over 5000 branches in 2000 cities. "Jagdishan has the necessary skills. The six-member search committee comprised of Chairman of the bank Shyamala Gopinath, board members Sanjiv Sachar, MD Ranganath, Sandeep Parekh, Srikanth Nadhamuni, and Renu Karnad from HDFC Ltd, with Puri himself acting as an advisor. In the current scenario, you risk infection every time you step outside. 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