HDFC Bank
Mr. Sashidhar Jagdishan is the Managing Director & Chief Executive Officer of the Bank. He succeeds Mr Aditya Puri, the iconic Managing Director who led the bank since inception and retired on October 26, 2020.
Sashi as he's known to his friends and colleagues, joined HDFC Bank in 1996 and has played a critical role in its growth ever since. Starting as a manager in the Finance department, he's grown from strength to strength wearing different hats. In 1999, he became Business Head - Finance and in 2008, the Chief Financial Officer of the bank. He has led the finance function and played a pivotal role in aligning the organisation to achieve its strategic objectives over the years.
He was adjudged Best CFO in the banking sector at the CNBC TV18 CFO Awards 2013-14. At the 3rd The Financial Express CFO Awards 2019, he was adjudged Best CFO by a special jury. In October 2020, he made his debut in the 10th edition of India Today’s prestigious High and Mighty List.
In 2019, he was appointed the "Strategic Change Agent of the Bank' and given additional responsibilities of Legal & Secretarial, Human Resource, Corporate Communication, Infrastructure & Administration and CSR.
Mr. Jagdishan has an overall experience of 30 years, 24 of which he's spent in HDFC Bank. Prior to HDFC Bank, he completed a 3-year stint with Deutsche Bank AG, Mumbai.
Mr. Jagdishan is a Science Graduate (Physics) from Mumbai University, and a qualified Chartered Accountant. He also holds a Master's degree in Economics of Money Banking & Finance from the University of Sheffield, UK.
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HDFC Bank
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HDFC Bank Limited (the Bank) is a holding company. The Bank offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side. It also offers financial services. The Bank's segments include Treasury, Retail banking, Wholesale banking and Other banking business. The Treasury segment primarily consists of net interest earnings from the Bank's investment portfolio, money market borrowing and lending, gains or losses on investment operations and on account of trading in foreign exchange and derivative contracts. The Retail Banking segment serves retail customers through a branch network and other delivery channels, as well as through alternative delivery channels. The Bank provides its corporate and institutional clients a range of commercial and transactional banking products. The Other banking business segment includes income from para banking activities.