Anup Bagchi takes charge as HDFC Bank MD & CEO

Anup Bagchi on Tuesday took charge as the managing director and chief executive officer of HDFC Bank. He succeded Sashidhar Jagdishan, whose tenure ended on October 26.

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.