BusinessHDFC Bank Appoints Anup Bagchi as New MD and CEO
HDFC Bank has appointed Anup Bagchi as its new managing director and CEO, marking a key step in its recent governance reset. This follows the appointment of Rajiv Kumar as part-time non-executive chairman in July, approved by the Reserve Bank of India for a three-year term. The changes address legacy issues, senior accountability, and investor concerns amid ongoing challenges including litigation and leadership transitions.
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