Anup Bagchi takes charge as HDFC Bank MD and CEO: Tracing the banking veteran’s career and achievements at ICICI
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Anup Bagchi has been appointed as the new MD and CEO of HDFC Bank.
- ✓The Reserve Bank of India approved his appointment on Thursday.
- ✓He will succeed Sashidhar Jagdishan, whose term ends on October 26.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Livemint
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Anup Bagchi, an ICICI Bank veteran, has been appointed by the HDFC Bank as its MD and CEO, India's biggest private lender announced on Thursday after receiving approval for his appointment from the Reserve Bank of India.
Bagchi will be succeeding Sashidhar Jagdishan, whose term comes to an end on October 26.
HDFC Bank said the RBI approved Bagchi's appointment as MD and CEO as well as the remuneration payable to him under Section 35B of the Banking Regulation Act, 1949.
Quick answers to key questions
•5 QUESTIONS
Who is Anup Bagchi and what is his background?⌵
Anup Bagchi is the newly appointed MD and CEO of HDFC Bank, previously serving as MD and CEO of ICICI Prudential Life Insurance. He has held various senior positions across the ICICI Group since 1992, with experience in banking, corporate finance, and regulatory committees.
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