Business1 min read

Anup Bagchi takes charge as HDFC Bank CEO

By · Published by Everything Blog

In short

Anup Bagchi has been appointed as the new CEO of HDFC Bank, succeeding Jagdishan. Bagchi took over on October 27, while Jagdishan resigned on October 26. The bank acknowledged Jagdishan's contributions, highlighting his leadership in performance, culture, and customer-centric approach. Bagchi is expected to build on these strengths and advance strategic priorities.

Key points

  • Anup Bagchi has been appointed as the new CEO of HDFC Bank.: Anup Bagchi has been appointed as the new CEO of HDFC Bank.
  • Bagchi took over on October 27, while Jagdishan resigned on October 26.: Bagchi took over on October 27, while Jagdishan resigned on October 26.
  • The bank acknowledged Jagdishan's contributions, highlighting his leadership in performan…: The bank acknowledged Jagdishan's contributions, highlighting his leadership in performance, culture, and customer-centric approach.

Sources checked by our analysis pipeline: 1

In a regulatory filing, HDFC Bank said Jagdishan vacated office at the close of business hours on Monday following the completion of his tenure, while Bagchi assumed charge on October 27.

The bank acknowledged Jagdishan's contribution during his tenure, crediting his leadership with strengthening its performance, culture and customer-centric approach. It also highlighted his role in steering the completion of one of the largest mergers in corporate India.

The bank welcomed Bagchi to his new role and said it looked forward to his leadership in advancing its strategic priorities.

The bank added that the details relating to Bagchi and Jagdishan, as required under the Securities and Exchange Board of India's listing regulations, had been provided in an earlier intimation dated October 1.

(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)

Subscribe to The Economic Times Prime and read the ET ePaper online.

(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)

Subscribe to The Economic Times Prime and read the ET ePaper online.

Original source: economictimes.indiatimes.com

Business