Tag: Sashidhar Jagdishan

  • Business Today Banking & Economy Summit and BT Best Banks Awards celebrates the theme, Indian Banking: Bigger. Bolder. Boundless

    Business Today Banking & Economy Summit and BT Best Banks Awards celebrates the theme, Indian Banking: Bigger. Bolder. Boundless

    Mumbai: The prestigious annual Business Today Banking & Economy Summit and BT Best Banks Awards will be held in Gandhinagar’s GIFT City on Friday, 22 March 2024. The theme for the event this year is ‘Indian Banking: Bigger. Bolder. Boundless,’ and it will feature an impressive line-up of influential figures, thought leaders, and experts from the financial industry who will deliberate on pressing issues such as the state of the Indian economy, the modern financial lending landscape, and a blueprint for a global financial hotspot, among others.

    Union minister for road transport & highways Nitin Gadkari is the chief guest at the event, while chief minister of Gujarat Bhupendra Patel is the guest of honour. Industry stalwarts such as HDFC Bank MD & CEO Sashidhar Jagdishan will also attend. The line-up for the summit includes names such as the 16th Finance Commission of India chairman  Dr Arvind Panagariya; NSE MD & CEO – Ashishkumar Chauhan; J P Morgan senior country officer India and vice chairman Asia Pacific Kaustubh Kulkarni; Ujjivan Small Finance Bank MD & CEO Ittira Davis; The Karur Vysya Bank, MD & CEO – B. Ramesh Babu; Tata Capital digital head Shallu Kaushik; Lendingkart co-founder & CEO Harshvardhan Lunia; Perfios Software Solutions CEO Sabyasachi Goswami; Bank of Maharashtra ED Asheesh Pandey; KPMG in India, partner and head – financial services advisory – Sanjay Doshi; International Financial Services Centres Authority, chairperson Kalyanaraman Rajaraman GMDC, MD – Roopwant Singh; author, speaker, and influencer – Chetan Bhagat.

    A special issue of Business Today on India’s Best Banks will be released at the event, followed by the highly anticipated presentation ceremony of the BT Best Banks Awards. The 28th edition of the BT-KPMG Best Banks and NBFCs Survey identified those institutions that weathered all storms in 2022-23, innovated both in products and services, nurtured talent and leveraged the strengths of fintech or technology partners to prepare for the future. There are 16 award categories across banking, NBFCs, and the fintech space. While six of them are quantitative awards based on a rigorous evaluation of the financial performance of banks and NBFCs for FY23, the other 10 categories were decided by a high-profile jury headed by Anand Kumar Sinha, former deputy governor of the Reserve Bank of India. The other members of the jury were NSE, MD & CEO – Ashishkumar Chauhan; Avendus co-founder & executive vice chairman Ranu Vohra; Arcil MD & CEO Pallav Mohapatra; ICICI Bank former ED N.S. Kannan; and CMS Info Systems executive vice chairman & CEO Rajiv Kaul.

    Amidst global economic challenges marked by high volatility in the financial markets, disruptions in supply chains, and inflationary pressures, the Indian economy stands resilient, albeit not immune. The Business Today Banking & Economy Summit aims to address the key trends and issues shaping the banking and financial sector, providing a platform for policymakers, regulators, industry executives, and innovators to exchange ideas and chart the course forward.

  • Sashidhar Jagdishan appointed new CEO of HDFC Bank

    Sashidhar Jagdishan appointed new CEO of HDFC Bank

    NEW DELHI: The Reserve Bank of India (RBI) has approved Sashidhar Jagdishan as the next the chief executive officer of HDFC Bank.

    "The Reserve Bank of India (RBI) vide its communication dated 3 August 2020, has approved the appointment of Sashidhar  Jagdishan as managing director & CEO of the Bank  for a period of three years wef his date of  taking charge, i.e., 27 October 2020, under Section 35B of  the Banking Regulation Act 1949," HDFC said in a statement.

    Jagdishan will replace Aditya Puri, current managing director and CEO of HDFC Bank, who is set to retire on 26 October. "A meeting of the board of directors of the bank will be convened in due course inter-alia to approve the appointment of Jagdishan as the MD & CEO," the bank said. 

    Puri's successor Jagdishan was among the top two internal candidates for the top job at HDFC Bank. Kaizad Barucha, who has the highest board experience, was the senior-most candidate in the fray.

    He is currently serving as the additional director of HDFC Bank and has been with the bank for nearly three decades. He served as the group head of finance, human resources, legal & secretarial, administration, infrastructure, corporate communications and corporate social responsibility.

    Jagdishan was the bank's top choice among the three shortlisted candidates, with Kaizad Bharucha and Sunil Garg also in the running.