HDFC Bank board appoints Sashidhar Jagdishan as its MD & CEO

The board of directors of HDFC Bank on Saturday approved appointment of Sashidhar Jagdishan (Sashi) as Managing Director and Chief Executive Officer of bank for three-year term from October 27, 2020. The Reserve Bank of India has already approved Jagdishan’s appointment.

The appointment shall be placed before the shareholders of the Bank for their approval, by way of postal ballot (through remote e-voting), bank said in filing with BSE.

Sashi joined the Bank in 1996 as Manager in the Finance function. He became business Head (Finance) in 1999 and was appointed as Chief Financial Officer in the year 2008.

He played a pivotal