Sashidhar Jagdishan named as Next MD & CEO of HDFC Bank

The Reserve Bank of India has approved the appointment of Sashidhar Jagdishan as next Chief Executive Officer of HDFC Bank.
He will replace Aditya Puri who will retire in October 2020.
Aditya Puri has led HDFC Bank since its inception in 1994, and will retire in October when he reaches the maximum age limit of 70 years for private bank chiefs. He also holds the distinction of being the longest-running CEO of any bank in India.
Last year, HDFC Bank had constituted a six-member search committee to replace Puri. The six-member search committee comprised of Chairman of the bank Shyamala Gopinath, board members Sanjiv Sachar, MD Ranganath, Sandeep Parekh, Srikanth Nadhamuni, and Renu Karnad from HDFC Ltd, with Puri himself acting as an advisor. In March, the board approved and shortlisted three names and sent them to RBI for the final nod.
Jagdishan holds a Bachelor of Science degree in physics from the University of Mumbai and a masters in economics of money, banking and finance from the University of Sheffield, UK. He is also a Chartered Accountant from the Institute of Chartered Accountants of India.