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MarketScreener Homepage  >  Equities  >  NSE India Stock Exchange  >  HDFC Bank Limited    HDFCBANK   INE040A01034


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

10/28/2020 | 03:40am EST

CIN: L65920MH1994PLC080618

HDFC Bank Limited,

Email: shareholder.grievances@hdfcbank.com

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


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


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






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.


Reason for change

Retirement of previous incumbent


Date of appointment

October 27, 2020


Any relationship with


other directors on the

Board of the Bank


HDFC Bank Limited published this content on 17 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2020 08:39:05 UTC

© Publicnow 2020
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