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Most bank CEOs have to hang up boots before 70 under latest RBI guidelines

RBI's CEO tenure cap: Banks have to expedite succession planning after RBI's new rules on CEOs term

Banking sector | Indian Banks | RBI

Manojit Saha  |  Mumbai 

Sashidhar Jagdishan
Sashidhar Jagdishan, MD & CEO, HDFC Bank was appointed in October 2020, at age 54. He can continue in the current position for 15 years max, that is till the age of 69

The latest norms regarding the tenure of the MD & CEOs of private sector that was announced by the (RBI) on Monday will see a majority of the executives to hang up their boots before 70, the . Some of them will be eligible after a wait of three years.



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First Published: Wed, April 28 2021. 15:28 IST