HDFC Bank on Saturday said CEO Sashidhar Jagdishan will retire at the end of October after deciding against seeking another term, amid uncertainty over the leadership of India’s largest private-sector lender.
"At its meeting held today, the Board of Directors took note of Mr. Sashidhar Jagdishan’s communication to not seek reappointment. Despite persuasion, Mr. Jagdishan reiterated his decision to not seek reappointment. Accordingly, he shall retire from the services of the Bank upon the close of business hours on October 26, 2026," the lender informed in a stock exchange filing.
