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HDFC Bank Appoints Anup Bagchi as New MD and CEO
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Moneycontrol•01-10-2026, 18:34
HDFC Bank Appoints Anup Bagchi as New MD and CEO
- •HDFC Bank has appointed Anup Bagchi as its new managing director and chief executive officer, with approval from the Reserve Bank of India.
- •Bagchi will assume his role on October 27, succeeding current MD and CEO Sashidhar Jagdishan, whose term ends on October 26.
- •Sashidhar Jagdishan did not seek reappointment for another term.
- •Moneycontrol previously reported that Bagchi and HDFC Bank's deputy MD Kaizad Bharucha were candidates for the top position.
- •In a separate development, Kotak Mahindra Bank also appointed Anup Saha as its new MD and CEO on October 1.
Key Questions Answered
HDFC Bank has appointed Anup Bagchi as its new managing director and chief executive officer following approval from the Reserve Bank of India.
Bagchi will take charge on October 27, following the conclusion of current MD and CEO Sashidhar Jagdishan's term on October 26.
Sashidhar Jagdishan was the previous managing director and chief executive officer of HDFC Bank, and he chose not to seek reappointment for another term.
