HDFC Bank to set up panel for Puri’s successor

MUMBAI: HDFC Bank will set up a search committee in January to find a successor to Aditya Puri who retires in April 2020. The committee is likely to make its decision by March, said Puri. “We will start the process in January where a search committee would be appointed,” said Puri to ET on Monday. “We have not decided on an exact timeline, but it should not take more than 1-2 months. Our strategy is very clear; we have derisked as much as possible by hiring a very strong second line of managers,” said Puri.