HDFC Bank has appointed Anup Bagchi as its new Managing Director & CEO after receiving approval from the RBI. Bagchi will take charge for a three-year term from October 27, 2026, replacing Sashidhar Jagdishan, whose term ends on October 26.
Bagchi is currently the MD & CEO of ICICI Prudential Life Insurance and has earlier held senior roles at ICICI Bank and ICICI Securities. He brings more than three decades of experience across banking and financial services.
- Anup Bagchi named HDFC Bank MD & CEO
- Takes charge: October 27, 2026
- Tenure: 3 years
- Succeeds Sashidhar Jagdishan
- Key focus areas include deposit growth, margins and profitability.
The leadership change comes at an important time for HDFC Bank, with investors closely watching its deposit growth, loan growth and profitability under the new CEO.
HDFC Bank ne Anup Bagchi ko apna naya Managing Director & CEO appoint kiya hai, jise RBI ki approval mil chuki hai. Bagchi 27 October 2026 se 3 saal ke term ke liye charge sambhalenge. Woh Sashidhar Jagdishan ko replace karenge, jinka term 26 October ko khatam ho raha hai.
Bagchi currently ICICI Prudential Life Insurance ke MD & CEO hain. Isse pehle woh ICICI Bank aur ICICI Securities mein senior roles par kaam kar chuke hain. Banking aur financial services mein unka 30+ years ka experience hai.
- Anup Bagchi bane HDFC Bank ke MD & CEO
- Charge: 27 October 2026
- Tenure: 3 years
- Sashidhar Jagdishan ko karenge replace
- Focus: Deposit growth, margins & profitability
Leadership change ke baad market ki nazar HDFC Bank ke deposit growth, loan growth aur profitability par rahegi, especially naye CEO ke tenure mein.