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Anup Bagchi Appointed New MD & CEO of HDFC Bank, Deep Roots in Kanpur
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News18•01-10-2026, 19:04
Anup Bagchi Appointed New MD & CEO of HDFC Bank, Deep Roots in Kanpur
- •HDFC Bank announced the appointment of Anup Bagchi as its new Managing Director and Chief Executive Officer (MD & CEO).
- •Bagchi will take over from the bank's current MD and CEO, Sashidhar Jagdishan, on October 27, 2026, following Jagdishan's retirement on October 26.
- •Anup Bagchi brings over three decades of experience in banking and financial services, having started his career with the ICICI Group in 1992.
- •He holds a bachelor's degree in Chemical Engineering from IIT Kanpur and pursued management studies from IIM Bangalore.
- •Bagchi previously served as MD and CEO of ICICI Securities and became an Executive Director on the board of ICICI Bank in 2017.
Key Questions Answered
Anup Bagchi has been appointed as the new Managing Director and Chief Executive Officer (MD & CEO) of HDFC Bank, taking charge on October 27, 2026, after Sashidhar Jagdishan's retirement.
Sashidhar Jagdishan's current term as HDFC Bank's MD and CEO ends on October 26, 2026, as he decided not to seek reappointment.
Anup Bagchi earned a bachelor's degree in Chemical Engineering from IIT Kanpur in 1990 and completed his management studies at IIM Bangalore. He has over three decades of banking experience, previously holding leadership roles at ICICI Bank and serving as the MD and CEO of ICICI Securities.
