Sashidhar Jagdishan is former Executive Director at HDFC Bank Ltd. 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Since then, he has played a pivotal role in supporting the banks growth trajectory and helping the organisation achieve its strategic objectives over the years. Later in an analyst call on the banks first quarter earnings, Puri had once again cleared the air on succession planning and said there would be no issues. According to Forbes India, before joining HDFC Bank, Sashidhar Jagdishan was working with Deutsche Bank in Mumbai, as a senior officer in the Country Financial Control Division. PLAN. Now Sashidhar Jagdishan will be looking ahead as he will be the next chief executive officer of the HDFC bank as the Reserve Bank of India approved his appointment at this post on 4 August 2020. Days Trial Your email address will not be published. There is no information available about his wife and children. Between 2008 and 2019, he served as the Chief Financial Officer of the organisation. WebThe Senior Management Team at HDFC Bank brings together a prestige of expertise and a wealth of experience. 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PLAN, Access the exclusive Economic Times stories, Editorial and Expert opinion, 90 Days Prime access worth Rs999 unlocked for you, Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors, Stock analysis. Often refered to as Sashi, he joined the Bank in the year 1996 as a Manager in the Finance function and later became Business Head- Finance in 1999. In the face of this global health crisis, people could only step outside for essentials, resulting in crowds forming outside essential stores, thereby increasing the chances of infection. CNBCTV18 EXCLUSIVE: RBI approves Sashidhar Jagdishan's name for CEO of HDFC Bank. So, we bring you offers and discounts on medicines, e-consultations, check-ups and more from leading brands like 1MG, Apollo Pharmacy, IndusHealth Plus and Lybrate. Copyright 2023, THG PUBLISHING PVT LTD. or its affiliated companies. Reproduction of news articles, photos, videos or any other content in whole or in part in any form
Vice President, Finance at HDFC Bank Mr. Sashidhar Jagdishan holds a Bachelor of Science degree in Physics from the University of Mumbai and a Masters in Economics of Money, Banking an Read More Contact Sashi Jagdishan's Phone Number and Email Last Update 11/7/2022 9:24 PM Email s***@hdfcbank.com Engage via Email Details here, 6.8 magnitude earthquake shakes Tajikistan near China border, Petrol and Diesel Rate Today, 23 February: Fuel prices steady; Check rates in Delhi, Mumbai, other cities, FE Education Explained: As UGC urges for Academic Institutes in Technical Textiles know what the guidelines suggest, Xiaomi TV Stick 4K: Quick first look at Xiaomis Amazon Fire TV Stick 4K rival, OnePlus 11R 5G: Top 11 things to know about the most exciting OnePlus phone in years, Samsung Galaxy S23 Ultra: Everything to know in 7 points, Uttarakhand Elections 2022: Opinion poll predicts Congress edge over BJP, Harish Rawat popular CM face, F&O weekly expiry: Go for Bear Put Spread for Nifty bulls; Bank Nifty support at 38000; check trading guide, Nifty may head to 17850 if it remains below 18000; watch Tata Motors, SBI, others for stock-specific action, Joe Biden says nation weary from Covid, but US in a better place, Disney names Rebecca Campbell as international content group lead, Andhra Pradesh invites industrialists to join states growth story, Orient Cement terminates agreement with Adani Power to set up a cement grinding unit, SBI launches UPI remittances facility to Singapore, NCLT admits insolvency plea against Zee Entertainment, Mcleod Russel case: Khaitans get interim relief as NCLAT orders status quo, Cement demand to continue uptrend with 7-9% rise next fiscal: Crisil, Sri Lanka reviews progress of Adani group wind power projects, says minister, Meta mulling for fresh round of job cuts, says report, Inteha ho gayi intezaar ki: A night of chaos at Delhi civic body during polls, Kyiv seeks Delhi support for UN peace resolution, Bhiwani deaths: For 15 hours, cow vigilantes moved with injured Rajasthan men, Couple gets Rs 11 crore anonymous donation for treatment of son. A lot depends on Chinas recovery, Choose your reason below and click on the Report button. The lender has reportedly received the approval from the central bank last night. Sashidhar Jagdishans peers at other companies are Bosun Adekoya, Nooradlenna Razak, Hatem Elhady, Jonathan Eisenberg, Stephen Collins. Copyright e-Eighteen.com Ltd. All rights reserved. Biography of Sashidhar Jagdishan. Get live Share Market updates and latest India News and business news on Financial Express. HDFC Bank had in April this year recommended Shashidhar Jagdishan, Kaizad Bharucha and Sunil Gargs names for post. WebSashidhar Jagdishan. For reprint rights: Syndications Today, Sashidhar Jagdishan appointed new HDFC Bank CEO; RBI gives go ahead, Known as the the dark horse, Jagdishan joined HDFC Bank in 1996 and rose through the ranks to become Head of Finance and HR at the company, Posted by: Manoj Sharma, Aug 04, 2020, 10:11 AM IST, Who will be Aditya Puri's successor? Deadline 15-Mar-2023. Seattle bans caste discrimination: What does the law entail? Presenting Hum Haar Nahi Maanenge, a song that served as a clarion call to spread hope, positivity & motivation and also served as a reminder that we are in this together and will get through this together. For reprint rights: Continue reading with one of these options: Login to get access to some exclusive stories, Get access to exclusive stories, expert opinions &, Valid only with UPI, Credit & Debit Cards Autopay, Inciting hatred against a certain community, 15 At the banks recently held Annual General Meeting, Aditya Puri, the Chief Executive Officer of HDFC Bank, had indicated, There has been a lot of talk about the successor not being with us for a long time. He became business head finance in 1999 and was appointed as chief financial officer in 2008. The The applicants must have passed the previous qualifying examination with at least 55% marks. Recurring Deposit Calculator. To adhere to social distancing norms, we promoted cardless withdrawals and transfers that were easy, convenient, hassle-free and best of all required no contact. Meanwhile, the HDFC Bank stock has risen 4.71 per cent or 47.45 to 1,049.65 compared to the previous day close of 1,002 on the National Stock Exchange. Sashidhar Jagdishan is a 55-year-old man with a decent personality. This is his present net worth, Here's a list of 6 wealthiest South Indian veteran actors, Mukarram Jah: The eighth Nizam of Hyderabad who had a net worth of Rs 100 Crores, BK Goenka buys a penthouse worth Rs 240 Cr in India's costliest apartment deal, Bajaj family have bought 5 apartments worth Rs 104 Crore in Mumbai, Shark Tank India 2 judge Anupam Mittal's Rs 185 Crore net worth. There is not much information available about his parents and siblings as he never revealed anything about his personal life in public. Besides, Sunil Garg from Citibank was also in the fray. Download The Economic Times News App to get Daily Market Updates & Live Business News. Sanzone said his group completed a $29.15 million private capital raise for Evermore Bank. The soon to-be-head of HDFC Bank was appointed as Chief Financial Officer in the year 2008. They even appraised our Global Stand Alone Credit Profile at BBB+ which is 2 notches higher than Indias Sovereign Rating. Locality Bank. Sashidhar Jagdishan, the current chief executive of HDFC Bank, would continue to lead the merged entity. Get your daily dose of business updates on WhatsApp. Jagdishan is currently Group Head and Change Agent, HDFC Bank. Linked companies : HDFC Bank Limited. We are pleased to let you know that on 17th April 2020, a renowned Global Rating Agency, Standard & Poors reaffirmed its international rating for HDFC Bank at BBB- / A3 with a Stable outlook. HDFC 2020-21 . Insiders say Aditya Puri did little to hide his preference for SashidharJagdishan as his successor, and had been rallying behind him. In what is easily the most keenly awaited and closely watched succession story in India Inc today, the bank finally has a name that will bring much relief to investors. Also Read: Adar Poonawalla Wiki, Age, Girlfriend, Wife, Family, Biography & More. The action plan will take 10-12 weeks for implementation, and further timeframe will depend on the RBI's inspection. What we hear from many employees is that Sashi is a hard task master and what is essential is to ensure the stellar execution track record that HDFC Bank has built over the years. With less than three months for HDFC Banks Managing Director and CEO Aditya Puri to retire, his successor, Sashidhar Jagdishan, will have adequate time to transition into his new role. It has nearly 300 shareholders and 90% of them are local. Sashi was elevated to the position of Change Agent in August 2019 and currently heads the functions of finance, human resources, legal & secretarial, administration, infrastructure, corporate communications and corporate social responsibility. Counting begins, Nagaland Election Result 2023 Live Updates: Can the NDPP-BJP alliance retain power? Kaizad Barucha, who has the highest board experience, was the senior-most candidate in the fray. PLAN, Yearly By 2019, there were over 5000 branches in 2000 cities. October 27, 2020, under Section 35B of the Banking Regulation Act 1949," HDFC said in a statement on Tuesday. We are doing our best so that you can stay home and stay safe, and to do so, we had to bring the things you needed to your doorstep. Music will become the filler, he adds. The Reserve Bank of India (RBI) has approved the name of Sashidhar Jagdishan for the post of Chief Executive Officer of HDFC Bank. Often refered to as Sashi, he joined the Bank in the year 1996 as a Manager in the We adhered to social distancing norms and also provided people with sanitizers before and after operating the ATM machine. WebCar Loan EMI Calculator. Sashi joined the bank in 1996 as a manager in the finance function and has overall experience of 29 years. According to the plan, the bank will open 1,500 to 2,000 branches every year. Get live Share Market updates and latest India News and business news on Financial Express. Save my name, email, and website in this browser for the next time I comment. Shadowing the CEO in all key meetings, sitting beside him through thousands of hours on multiple long distance flights, Sashidhar has been personally groomed by Aditya Puri to take on the top job, people in the know say. HDFC CEO (Shashidhar Jagadeesan) , . his date of taking charge, i.e. He also leads the finance function and played an important role in aligning the organization in achieving the strategic objectives over the years. Our potential successor has been with us for 25 years. 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With the current situation of a pandemic of global proportions, staying healthy is at the forefront of everyones minds. Driven by an experienced board and visionary managing director, Initially, he served as a Manager in the finance function and then promoted at the post of Business Head Finance in 1999. Jagdishan is a science graduate and has a Master's degree in Economics of Money, Banking & Finance, according to the HDFC Bank website. My successor was always in place, at least in my mind. You could make payments using just the mobile number of a beneficiary. 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