HDFC Bank appoints 6-member search panel to find MD Aditya Puri's successor

The bank has also promoted Jagdishan and Zaveri as executive directors on its board

In a move seen as part of a succession plan for Managing Director Aditya Puri, HDFC Bank on Thursday appointed a search panel of six board members to look for a successor. The bank also promoted Chief Financial Officer Sashidhar Jagdishan and Country Head (Operations and Technology) Bhavesh Zaveri to the position of executive directors on its board.

Puri is expected to hang up his boots in October next year after having spent over two years at the helm of the bank’s affairs.

Jagdishan has been part of the bank’s finance function in a managerial role since 1996. He has