
The Reserve Bank of India approved the appointment of Anup Bagchi as the Managing Director and CEO of HDFC Bank for a three-year term starting October 27.
Bagchi succeeds Sashidhar Jagdishan, whose current term concludes on October 26 after he decided not to seek reappointment.
Bagchi joins the bank from ICICI Prudential Life Insurance, bringing over three decades of financial services experience across banking and capital markets.