HDFC Bank : Intimation under Reg 30 of SEBI LODR - Appointment of Director

CIN: L65920MH1994PLC080618	HDFC Bank Limited,
Email: [e-mail]	Zenith House,
Website: www.hdfcbank.com	Opp. Race Course Gate no. 5 & 6,
	Keshavrao Khadye Marg,
	Mahalaxmi, Mumbai- 400034
	Tel.: 022 - 3976 0001 / 0012

October 17, 2020
BSE Limited	The National Stock Exchange of India Limited
Dept. of Corporate Services	The Listing Department
Phiroze Jeejeebhoy Towers,	Exchange Plaza
Dalal Street, Fort,	Bandra Kurla Complex
Mumbai 400 001	Mumbai 400051
Scrip Code - 500180	Symbol - HDFCBANK

Sub: Appointment of Mr. Sashidhar Jagdishan as Managing Director and Chief Executive

Officer

Dear Sir / Madam,

We wish to inform you that the Board of Directors of the Bank, at its meeting held today, has approved the appointment of Mr. Sashidhar Jagdishan (DIN: 08614396) as an Additional Director and as the Managing Director and Chief Executive Officer of the Bank, subject to the approval of the shareholders of the Bank, for a period of three (3) years from October 27, 2020, as approved by the Reserve Bank of India vide its email dated August 3, 2020.

The above appointment shall be placed before the shareholders of the Bank for their approval, by way of postal ballot (through remote e-voting) in accordance with the relevant MCA circulars.

Brief profile of Mr. Jagdishan is stated in Annexure-I. He is not debarred from holding office of director by virtue of any SEBI order or any other such authority. He is not related to any director of the Bank.

You are requested to kindly take the above on your records.

Thanking You,

Yours faithfully,

For HDFC Bank Ltd

Santosh Haldankar

Sr. Vice President (Legal) & Company Secretary

Regd. Office: HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400 013

	Annexure 1 - Brief Profile of Mr. Sashidhar Jagdishan
Sr.	Particulars	Particulars
No.
1.	Brief profile	Sashidhar Jagdishan (Sashi) joined the Bank in the year
		1996 as a Manager in the Finance function. He became
		Business Head - Finance in 1999 and was appointed as
		Chief Financial Officer in the year 2008.
		Sashi has played a critical role in supporting the growth
		trajectory of the Bank. He has led the finance function and
		played a pivotal role in aligning the organization in achieving
		the strategic objectives over the years.
		Prior to his appointment as Managing Director & CEO of the
		Bank, he was the Strategic Change Agent of the Bank in
		addition to overseeing the functions of Finance, Human
		Resources, Legal & Secretarial, Administration,
		Infrastructure, Corporate Communications and Corporate
		Social Responsibility.
		Sashi has an overall experience of 30 years. He has
		completed his graduation in Science with specialization in
		Physics; he is a Chartered Accountant by profession and
		also holds a Master's degree in Economics of Money,
		Banking & Finance from the University of Sheffield, UK.
2.	Reason for change	Retirement of previous incumbent
3.	Date of appointment	October 27, 2020
4.	Any relationship with	None
	other directors on the
	Board of the Bank