- Atanu Chakraborty is publicly referenced in the 'Dubai matter' regarding governance issues of a board meeting, while claims about his resignation are under review.
- A law firm was commissioned to investigate the tenure of former Indian lender chairman Atanu Chakraborty.
- The Reserve Bank of India is assessing the suitability of a financial institution, leading to a leadership transition where Aditya Puri passed the baton to Sashidhar Jagdishan, following a legal review.
HDFC Bank is seeking executive search services, involving firms like Egon Zehnder and Korn Ferry, while RBI regulations limit director tenure.
1 report, 1 independent
Updated Jan 9
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What happened
HDFC Bank is seeking executive search services, involving firms like Egon Zehnder and Korn Ferry, while RBI regulations limit director tenure.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The Reserve Bank of India is assessing the suitability of a financial institution, leading to a leadership transition where Aditya Puri passed the baton to Sashidhar Jagdishan, following a legal review.Also in this story
- Sashidhar Jagdishan is retiring from the bank's services while the board manages the succession planning.
- Sashidhar Jagdishan became the MD and CEO of HDFC Bank on July 1, 2026.
The entities involved
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Sashidhar Jagdishan
CEO of HDFC Bank
Nothing else this week.
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Reserve Bank of India
central bank of India
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Korn Ferry
International management consulting firm
Related events
- RBI initiates the CEO succession process for HDFC Bank, while the Middle East conflict is noted as a threat to global energy supplies.
- RBI provides approval for key appointments at HDFC Bank, which remains India's largest private-sector lender, amid market scrutiny.
- Sashidhar Jagdishan, the current CEO, oversees HDFC Bank as it implements rate cuts and expands its gold loan offerings.
- Alleged serious client-suitability lapses at HDFC Bank are being addressed by regulators, with an investor group planning to approach the RBI.
- Nomura maintained a 'Buy' rating on HDFC Bank, while the RBI set a 15-year cap on director tenure.