Sashidhar Jagdishan Reappointed as CEO of the HDFC Bank

21 Sep 2023 CW Team

The Reserve Bank of India announced that it had given its approval for the re-appointment of Sashidhar Jagdishan as the Managing Director and Chief Executive Officer of HDFC Bank.

Jagdishan, a chartered accountant by profession, boasts an extensive work history spanning more than 31 years. He has earned a Master's degree in Economics of Money, Banking & Finance from the University of Sheffield in the United Kingdom.

In 1996, he joined the bank as a Manager within the Finance department. By 1999, he had risen to the position of Business Head - Finance and later assumed the role of Chief Financial Officer in 2008.

The bank, in a statement, credited Jagdishan with playing a crucial role in facilitating the bank's growth and leading the finance function while aligning the organization with its strategic goals over the years.

Before being appointed as the Managing Director and Chief Executive Officer of the bank, he served as the Group Head, overseeing various functions including Finance, Human Resources, Legal & Secretarial, Administration, Infrastructure, Corporate Communications, and Corporate Social Responsibility.

In a significant development, the merger of HDFC Corp with India's largest private lender, HDFC Bank, was finalised in July. This merger, valued at approximately $ 40 billion, marked the largest merger in India's corporate history and created a financial services powerhouse.

Also read:

MMRDA plans 350 sq km Town in Mumbai Harbour

Dwarka comes up with mega convention space, Yashobhoomi

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..