The Managing Director and Chief Executive Officer of HDFC Bank, Aditya Puri retires.

The Managing Director and Chief Executive Officer of HDFC Bank, Aditya Puri has stepped down, after 25 years of a highly successful career at India’s largest private sector lender. The 70-year-old Puri had transformed a start-up in a sector dominated by state-owned banks into an industry leader. At nearly Rs 6 trillion, HDFC Bank leads the industry in terms of market capitalisation and remains the most profitable by a long margin.

Sashidhar Jagdishan has been appointed as the new chief executive and managing director of the HDFC Bank w.e.f. 27 October 2020.