For reprint rights: Continue reading with one of these options: Login to get access to some exclusive stories, Get access to exclusive stories, expert opinions &, Valid only with UPI, Credit & Debit Cards Autopay, Inciting hatred against a certain community, 15 It is now for the Reserve Bank of India to decide, he had said. Days Trial 2-Year Aditya Puri who is the current chief executive officer of HDFC bank has stated that Sashidhar possesses all the required skills and he will be going to play an important role in the growth of the Bank in the coming years. According to Forbes India, before joining HDFC Bank, Sashidhar Jagdishan was working with Deutsche Bank in Mumbai, as a senior officer in the Country Financial Control Division. Sashi, as Sashidhar Jagdishan is popularly called, has emerged as the clear front-runner, with Puri dropping several hints about his role in bringing about the digital transformation in the bank to give it an edge above its peers. A-A+; # Shashidhar Jagadeesan # Salary # ICICI Bank; Related Story . Our doorstep banking ensures a safe and convenient banking experience right at your doorstep. According to his profile on the banks website, he heads the functions of Finance, Human Resources, Legal and Secretarial, Administration, Infrastructure, Corporate Communications and Corporate Social Responsibility. Sashidhar Jagdishan is former Executive Director at HDFC Bank Ltd. Mr. Jagdishan received an undergraduate degree from the University of Mumbai and a graduate degree from The University of Sheffield. At the banks recently held Annual General Meeting, Aditya Puri, the Chief Executive Officer of HDFC Bank, had indicated, There has been a lot of talk about the successor not being with us for a long time. 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. Adar Poonawalla Wiki, Age, Girlfriend, Wife, Family, Biography & More, Sarah Michelle Gellar Age, Net Worth, Husband, Family and Biography (Updated 2023), Grace Van Dien Age, Net Worth, Boyfriend, Family and Biography (Updated 2023), Offset Age, Net Worth, Wife, Family and Biography (Updated 2023), Regina Ting Chen Age, Net Worth, Husband, Family and Biography (Updated 2023), Mae Martin Age, Net Worth, Boyfriend, Family and Biography (Updated 2023). We are doing our best so that you can stay home and stay safe, and to do so, we had to bring the things you needed to your doorstep. The report further states that the RBI has approved Sashidhar Jagdishans appointment for three years from the date of his joining, ie, October 27, 2020. Our aim was to keep you engaged and give you a #BreakFromBoredom so that you could stay home, stay safe and be creative. HDFC Bank launches second edition: . He has led the finance function and played a pivotal role in aligning the organisation in achieving the strategic objectives over the years," the bank's website said. WebKnown Addresses for Bar Education, Inc. 1900 W Commercial Blvd Fort Lauderdale, FL 33309 6350 N Andrews Ave Fort Lauderdale, FL 33309 16120 US Highway 19 N HDFC Bank is the largest credit card issuer with 1.49 crore cards is use according to RBI data. Sashidhar Jagdishans marital status is married. To read full story, subscribe to ET Prime, Billed annually at With less than three months for HDFC Banks Managing Director and CEO Aditya Puri to retire, his successor, Sashidhar Jagdishan, will have adequate time to transition into his new role. Sashidhar Jagdishan, called the Change Agent of the bank, and the top choice internally for the CEO role, will take over from Aditya Puri when he retires in October this year, people quoted earlier said. The students must be currently studying in Classes 1 to 12 in a private, government, or government-aided school. The action plan will take 10-12 weeks for implementation, and further timeframe will depend on the RBI's inspection. Shashidhar Jagdishan as HDFC Bank CEO to ensure continuity, stability Sashi joined the bank in 1996 as a manager in the finance function and has overall experience Even with a lockdown in place, people still need money and often leave home to get it. They even appraised our Global Stand Alone Credit Profile at BBB+ which is 2 notches higher than Indias Sovereign Rating. S&P has said, and we quote, Overall, we believe HDFC Banks individual creditworthiness is significantly stronger than the average of the Indian Banking Sector, reflected in its SACP of BBB+. What we hear from many employees is that Sashi is a hard task master and what is essential is to ensure the stellar execution track record that HDFC Bank has built over the years. Get live Share Market updates and latest India News and business news on Financial Express. Also read: Who will be Aditya Puri's successor? Sashidhar Jagdishan completed his early schooling from a private school in his hometown and after that, he completed his graduate course in the Bachelor of Science from Mumbai University then completed masters in Economics of Money, Banking, and Finance from the University of Sheffield in the United Kingdom. Jagdishan will replace Aditya Puri, current Managing Director and Chief Executive Officer of HDFC Bank, who is set to retire on October 26. WebSashidhar Jagdishan has been with HDFC Bank for 24 years now. Also read:What worked in favour of Sashidhar Jagdishan to get HDFC Banks top job? HDFC Bank is the largest credit card issuer with 1.49 crore cards is use according to RBI data. However, the silver lining was that we now had the time and motivation to showcase our creativity to the world. 12 were here. For security reasons, we have logged you out of HDFC Bank NetBanking. The The loan moratorium is set to get over at the end of the month and banks will begin to get a better picture of repayments and stressed assets. Jagdishan, a chartered accountant by profession, joined the bankin 1996 as a Manager in the finance function, and then went on to become Business Head - Finance in 1999. Trekking is my other passion. Jan 24, 2023, 16:40 ET. PLAN. "He has played a critical role in supporting the growth trajectory of the bank. In what is easily the most keenly awaited and closely watched succession story in India Inc today, the bank finally has a name that will bring much relief to investors. He didnt have any tattoo painted on his body. There is no information available about his wife and children. Vice President, Finance at HDFC Bank Mr. Sashidhar Jagdishan holds a Bachelor of Science degree in Physics from the University of Mumbai and a Masters in Economics of Money, Banking an Read More Contact Sashi Jagdishan's Phone Number and Email Last Update 11/7/2022 9:24 PM Email s***@hdfcbank.com Engage via Email Shashidhar Jagdishan is currently the Group Head and Change Agent of HDFC Bank. HDFC Bank had in April this year recommended Shashidhar Jagdishan, Kaizad Bharucha and Sunil Gargs names for post. WebThe Reserve Bank of India (RBI) on August 4 cleared the name of Sashidhar Jagdishan as the next chief executive officer of HDFC Bank, according to a senior RBI executive who Puri too was a Charted Accountant by profession who studied commerce from Panjab University. Linked companies : HDFC Bank Limited. Sashidhar Jagdishan According to the banks official website, Sashidhar Jagdishan joined as a Manager in the Finance department in 1996. Insiders say Aditya Puri did little to hide his preference for SashidharJagdishan as his successor, and had been rallying behind him. The RBI on August 4 approved the appointment ofSashidhar Jagdishan asManagingDirector and Chief Executive Officer (CEO) ofHDFC Bank for three years. Battle Of The Foldable Smartphones At MWC | Tecno & Oppo Join The Race | Mobile World Congress 2 '2021-22 Was Year Of Milestones For India's Tech Industry', Says NASSCOM President Debjani Ghosh, Invest in high-rated bonds from as low as Rs. With less than three months for HDFC Banks Managing Director and CEO Aditya Puri to retire, his successor, Sashidhar Jagdishan, will have adequate time to D-Street Indices Fall for Seventh Straight Session, Benchmark Bond Yields at Nearly Four-Month High, Lenders to Retain Credit Limits of Adani Enterprises, First time in many years, fixed deposit rates turn positive at 8%, PNB buries ghost of 2018 to fund lab diamonds, KV Kamath says digital economy can contribute 25% GDP by FY29, Capital infusion of Rs 3,000 crore likely in three General Insurers, Ready to take over Reliance Home Finance by Mar 31: Authum tells SC, Meghalaya & Nagaland Election 2023 Polling Live, Doglapan An Irreverent Account By Ousted Bharatpe Founder Ashneer Grover, Withering Trust Growing Unrest Why Jet Airways May Go Through A Long Legal Battle Before Relaunch, Dinesh Thakurs Quest To Sanitise Indian Pharma All I Get From The Ministry Is Threat Letters, Relaxo Footwears Pace Has Slowed Down But Can It Gain Momentum Again Analysts Are Split, Content Commerce Route Is Masaba Gupta Eyeing To Keep Up With The Kardashians, Brainteaser Why The Advent Of Chatgpt Poses A Big Challenge For The Cybersecurity Apparatus, What Makes Adani Jsw And Ntpc Go After A 100 Year Old Energy Storage Solution, How Fixed Income Can Help Create An Ideal Portfolio During Times Of Volatility, Margin Pressure Demand Slump Why Q3 Will Reset Expectations Of Indian It Companies, 4 Insights To Kick Start Your Day Featuring Byju Raveendrans Share Buyback, Lac Face Off Heres Why China Provoked India A Report From Tunnel Enroute To Tawang, Us Reacts To India China Border Clash Says Closely Watching Developments Along Lac, Bihar Mla Seats Through National Anthem Claiming Leg Pain But Seen Standing For Obituary References, Two Active Hawaii Volcanoes Have Stopped Erupting Us Scientists, Us President Joe Biden Signs Same Sex Marriage Bill Into Law Calls A Vital Step Toward Equality, Covid Scare Us Imposes New Restrictions Announces Mandatory Corona Testing For Travellers From China, Protests Held In Jammu Against Infiltration After Army Killed 4 Heavily Armed Terrorists Travelling To Kashmir, Delhi Girl Dragged On Road In Sultanpuri For Kms After Hit By Car Dies 5 Accused Arrested, Winter Storm In Us 18 Killed As Arctic Blast Sweeps America Ahead Of Christmas, 2023 Economic Times Wishes All A Happy New Year, Google India Digital Services Private Limited, Reliance Capital Lenders Decide To Go For Fresh Auction, Multibagger Smallcap Rallies 20 To Hit Upper Circuit Should You Buy, Tcs Q3 Results Today How The Stock May React 5 Things To Watch Out For, Goldman Sachs To Start Cutting Thousands Of Jobs Midweek Sources, Jsw Steels Combined Output In Q3 Grows 17 To 6 24 Mt, Priyanka Chopra Hosts Indias Oscar Entry Chhello Show Screening At Isha Ambanis La Home, Jhunjhunwalas Raise Stake In This Psu Stock That Gave Index Beating Returns In 2022, Meta Appoints Vikas Purohit As Head Of Global Business In India, What You Need To Know About Pravasi Bharatiya Divas, Rs Sodhi Steps Down As Amul Md Jayen Mehta To Take Charge, At 52 8 India Has Higher Percentage Of Employable Women Than Men Says India Skills Report 2023, New Locker Rules Banks Need To Provide New Locker Agreement To Customers By Jan 2023, Amazon Ceo Andy Jassy Says Job Cuts To Exceed 18000 Roles, How Max Life Insurance Breaks Through The Clutter With Its Three Ps Playbook Products Processes Partnerships, Indias Employable Talent Rises Women Workforce Increases India Skills Report, Bank Offering Best Recurring Deposit Rd Interest Rates Sbi Vs Hdfc Bank Vs Pnb Vs Yes Bank, Samsung Introduces New Affordable Phone With 5000mah Battery, Bf Investment Locked In Lower Circuit After Board Rejects Delisting Proposal, What Are Tds Rules On Buying A House How To Deduct Deposit Tax And Download Form 16b, Astro Check These 3 Zodiac Signs Will Shine Professionally In 2023 Find Out What The Stars Have In Store For You, Wordle 567 Answer Today Here Are Clues And Solution To January 7 Word Game, Bank Holidays In January 2023 Bank To Remain Closed For 13 Days Check State Wise List Here, Why Investing In The Right Elss Fund Can Help You Save Tax And Grow Wealth, Vinland Season 2 Netflix Release Date Announced For Worldwide Streaming, Bombay Hc Orders Release Of Former Icici Bank Md Ceo Chanda Kochhar Calls Arrest Illegal. Save my name, email, and website in this browser for the next time I comment. Sashi joined the bank in 1996 as a manager in the finance function and has overall experience of 29 years. Sashidhar Jagdishan belongs to a well-to-do educated family in Mumbai, Maharashtra, India. HDFC Bank's board has given Egon Zehnder a set of attributes to look for in Puri's potential successors. Includes DocuBay and TimesPrime Membership. Between 2008 and 2019, he served as the Chief Financial Officer of the organisation. Two Wheeler EMI Calculator. 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The regulator has given its green signal for Sashidhar Jagdishan to take over from Aditya Puri as the next Chief Executive Officer of HDFC Bank, multiple people aware of the development confirmed to CNBC-TV18. Our potential successor has been with us for 25 years. The markets have also welcomed his appointment with the stock up 5% on the back of this development. For reprint rights: Adani Enterprises stock up 31% in 2 days. Prior to HDFC Bank Aditya Puri was the Chief Executive of Citi Bank, in Malaysia where he handled functions across countries likeGreece, Saudi Arabia, Hong Kong, Korea, Taiwan, India and China. Why investors are celebrating, Tata Groups talks over $1 billion Bisleri stake stall, Heres why tax-conscious investors can consider ELSS to increase their wealth, Adani says has secured $3 billion credit from sovereign wealth fund: Report. Sashidhar Jagdishan, the current chief executive of HDFC Bank, would continue to lead the merged entity. Kaizad Bharucha, Executive Director and Head of Wholesale Banking at HDFC Bank was the second choice, followed by Sunil Garg, Global CEO of Citi Commercial Bank. Your email address will not be published. CNBCTV18 EXCLUSIVE: RBI approves Sashidhar Jagdishan's name for CEO of HDFC Bank. Debit Cards Calculator. Music will become the filler, he adds. Puri's successor Jagdishan was among the top two internal candidates for the top job at HDFC Bank. WebHDFC Bank Parivartan's ECS Scholarship in School Programme (Merit-cum-Need Based) 2022-23. Known as the the dark horse, Jagdishan joined HDFC Bank in 1996 and rose through the ranks to become Head of Finance and HR at the company. Jagdishan is a science graduate and has a Master's degree in Economics of Money, Banking & Finance, according to the HDFC Bank website. They had a October 27, 2020, under Section 35B of the Banking Regulation Act 1949," HDFC said in a statement on Tuesday. Counting begins, Nagaland Election Result 2023 Live Updates: Can the NDPP-BJP alliance retain power? All rights reserved. WebOpen HDFC Bank savings account from your home & get insurance cover up to Rs.1.18 Cr*. We do this when you refresh/move back on the browser on any NetBanking page. Jagdishan became Business Head Finance in 1999 and was appointed as Chief Financial Officer in 2008. Unlock your 30 days free access to ETPrime now. Download Financial Express App for latest business news. Find & Invest in bonds issued by top corporates, PSU Banks, NBFCs, and much more. Sashidhar Jagdishan Wiki, Age, Girlfriend, Wife, Family, Biography & More, Sudigali Sudheer Age, Net Worth, Girlfriend, Family and Biography (Updated 2023), Mufti Anas Age, Net Worth, Wife, Family and Biography (Updated 2023), Dalton Gomez Age, Net Worth, Wife, Sister, Family, Height and Biography (Updated 2023), Drone Prathap Age, Net Worth, Girlfriend, Family and Biography. WebHDFC Bank Research - Reports; Protect Life And Grow Wealth. Sashi comes with a very diverse experience having handled multiple functions in the bank and hence we believe he is the appropriate choice. Sashidhar Jagdishan has experience of over 29 years and he played a vital role in supporting the growth of the HDFC bank. Currently, Sashidhar Jagdishan is serving as the Group Head and Change Agent of HDFC Bank and his role includes heading the functions of Finance, Human He follows the Hindu religion and holds an Indian nationality. 2014-15 a comeback year for the Indian rupee despite US dollar surge, Switched jobs in middle of the year? WebHDFC bank is a branch of HDFC. Lenders led by the State Bank of India (SBI) that are conducting an annual review of Adani Enterprises Ltd (AEL) have decided to maintain status quo on credit limits sanctioned for Gautam Adanis flagship company, said two people aware of the development. According to the plan, the bank will open 1,500 to 2,000 branches every year. Often refered to as Sashi, he joined the Bank in the year 1996 as a Manager in the Download Financial Express App for latest business news. For reprint rights: Syndications Today, Sashidhar Jagdishan appointed new HDFC Bank CEO; RBI gives go ahead, Known as the the dark horse, Jagdishan joined HDFC Bank in 1996 and rose through the ranks to become Head of Finance and HR at the company, Posted by: Manoj Sharma, Aug 04, 2020, 10:11 AM IST, Who will be Aditya Puri's successor? 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. Car Loan BT Top-Up Calculator. We also used the song to encourage people to contribute to the PM-CARES Fund and support the nation in these trying times. We hope that these global evaluations serve as a reminder that we remain committed to providing you the best of banking services, always. Scrutiny of IDBI Bank bidders to begin after Holi, Axis Bank completes Citis retail biz buy for Rs 11,603 cr, Citi India staffers set to chart new Axis, Evidence suggests private sector is ready for capex, Copyright 2023 The Indian Express [P] Ltd. All Rights Reserved, hdfc banks new ceo found rbi approves shashidhar jagdishan to succeed aditya puri report, Domestic LPG cylinder price hiked Rs 50, cooking gas gets costlier in Delhi, Mumbai, other cities; check prices, Good news for Indian Railways commuters! The Reserve Bank of India (RBI) has approved the name of Sashidhar Jagdishan for the post of Chief Executive Officer of HDFC Bank, sources said. "Jagdishan has the necessary skills. WebThe Senior Management Team at HDFC Bank brings together a prestige of expertise and a wealth of experience. Mukesh Ambani to foray into genome testing with Rs 12,000 kit. his date of taking charge, i.e. This ensures continuity and stability. HDFC Bank was founded in 1994, and since then Aditya Puri, CEO of HDFC Bank, has been heading the operations. The soon to-be-head of HDFC Bank was appointed as Chief Financial Officer in the year 2008. In March, the board approved and shortlisted three names and sent them to RBI for the final nod. Sashidhar Jagdishan is the current Additional Director and Head of Finance at the HDFC Bank, India. Industry Trends on 4000+ Stocks, Pro Investing by Aditya Birla Sun Life Mutual Fund, Canara Robeco Equity Hybrid Fund Direct-Growth, Sashidhar Jagdishan likely to be executive director of HDFC Bank. Sashi was elevated to the position of Change Agent in August 2019 and currently heads the functions of finance, human resources, legal & secretarial, administration, infrastructure, corporate communications and corporate social responsibility. Now Sashidhar Jagdishan will be looking ahead as he will be the next chief executive officer of the HDFC bank as the Reserve Bank of India approved his appointment at this post on 4 August 2020. He is a chartered accountant by profession and holds a Masters degree in Economics of Money, Banking & Finance from The University of Sheffield in the UK. We partnered with A.R. The Reserve Bank of India (RBI) has approved the name ofSashidhar Jagdishan for the post of Chief Executive Officer of HDFC Bank, sources said. In July, Puri hadsaid his preferred successor has been with the bank for 25 years. Days Trial. MUMBAI: Sashidhar Jagdishan, chief financial officer of HDFC Bank, is tipped to be elevated as executive director after deputy managing director Paresh The outgoing Aditya Puri nurtured the private sector bank from the rudimentary stage as he aimed to create a world-class Indian Bank. Had been rallying behind him and much more a safe and convenient banking experience right at your.! 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Updates: Can the NDPP-BJP alliance retain power Financial Express Jagadeesan # #... Logged you out of HDFC Bank had in April this year recommended Shashidhar,... Chief Executive of HDFC Bank has experience of over 29 years Salary # ICICI ;... Top corporates, PSU Banks, NBFCs, and much more website, sashidhar,. In 1999 and was appointed as Chief Financial Officer in 2008 on any NetBanking page and then! Sashi joined the Bank will open 1,500 to 2,000 branches every year set attributes! Sovereign Rating Bank 's board has given Egon Zehnder a set of attributes to look for Puri! Department in 1996 as a Manager in the year 2008 the appropriate choice to ETPrime now Invest in issued... Follows the DNPAs code of conduct Bank, has been with us for 25 years he! Global evaluations serve as a Manager in the Bank for 25 years private, government, or government-aided school the.