Corporate Announcement
Security Code : 500180    Company : HDFCBANK    
 
Intimation Under Reg 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Approval Of Reserve Bank Of India ('RBI') For Appointment Of Mr. Sashidhar Jagdishan As The Managing Director & CEO Of HDFC Bank Ltd ('The Bank')Download PDF Download XBRL
  Exchange Received Time  04/08/2020 10:58:48         Exchange Disseminated Time   8/4/2020 10:58:54 AM              Time Taken   00:00:06
We wish to inform you that the Reserve Bank of India ('RBI') vide its communication dated August 3, 2020, has approved the appointment of Mr. Sashidhar Jagdishan as Managing Director & CEO of the Bank for a period of 3 (three) years w.e.f. his date of taking charge, i.e. October 27, 2020, under Section 35B of the Banking Regulation Act 1949.

Further, please note that a meeting of the Board of Directors of the Bank will be convened in due course inter alia to approve the appointment of Mr. Sashidhar Jagdishan as the Managing Director & CEO of the Bank, in place of Mr. Aditya Puri, who is due to retire as Managing Director of the Bank on October 26, 2020.

The brief profile of Mr. Sashidhar Jagdishan is provided in Annexure-A attached to this intimation.

 

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