Economy
HDFC Bank CEO Sashidhar Jagdishan to Retire in October 2026
The Hindu3h
THE BRIEF
1
HDFC Bank MD and CEO Sashidhar Jagdishan will retire on October 26, 2026, after informing the Board of Directors of his decision not to seek reappointment for the top post.
2
Jagdishan, who joined the bank in 1996 and became CEO after Aditya Puri's retirement, faced recent criticism over stock performance and internal reviews regarding deposit arrangements with the MSRDC.
3
The bank's board has initiated a fast-track selection process for a successor, as the institution navigates the aftermath of the 2023 merger with HDFC Ltd and regulatory discomfort.