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Anup Bagchi Appointed HDFC Bank Managing Director and CEO

· Business · Indian Express, Moneycontrol, Times of India

Anup Bagchi has taken charge as the new Managing Director and Chief Executive Officer of HDFC Bank. His appointment follows the resignation of his predecessor, Sashidhar Jagdishan, whose tenure ended amid increased governance scrutiny at the lender. The announcement was made on October 1, 2026. Further details regarding the transition timeline have not been officially disclosed by the bank.

Why it matters

The leadership change at HDFC Bank directly impacts millions of customers, investors, and employees as the institution navigates ongoing governance evaluations under a new chief executive.

Read the original report — Indian Express

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