Banking leadership shake-up: HDFC Bank, Ujjivan SFB begin CEO search
At HDFC Bank, the succession process assumes greater significance after managing director and chief executive Sashidhar Jagdishan opted out of the reappointment process last month
- Why it matters
- HDFC Bank's current MD and CEO declined reappointment last month, creating an immediate leadership gap at India's largest private bank by market capitalisation.
- Most affected
- HDFC Bank depositors and borrowers — Face period of leadership transition at their bank.
HDFC Bank shareholders — Bank enters succession process with current leadership departing. - Likely next
- Whether HDFC Bank names a new CEO and the timeline for that appointment.
Also reported by: Free Press Journal