Sashidhar Jagdishan Reappointed as CEO of the HDFC Bank
ECONOMY & POLICY

Sashidhar Jagdishan Reappointed as CEO of the HDFC Bank

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: 

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

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code