Sashidhar Jagdishans marital status is married. 2-Year 2499 1749, Monthly With over 29 years of experience, Jagdishan served as the Group Head of Finance, Human Resources, Legal & Secretarial, Administration, Infrastructure, Corporate Communications and Corporate Social Responsibility. Secure Children's Future; Deposits; National Pension System; Gold Monetisation Scheme; BORROW Loans, EMI. Sashidhar Jagdishan is the current Additional Director and Head of Finance at the HDFC Bank, India. It had however, noted that the continued slowdown in economic activity has led to a decrease in retail loan origination, sale of third party products, use of credit and debit cards by customers, efficiency in collection efforts and waivers of certain fees. Having almost 3 decades of experience in the banking industry, Sashidhar Jagdishan is Charted Accountant by profession who also holds a Masters degree in Economics of Money, Banking & Finance. Sashidhar Jagdishan belongs to a well-to-do educated family in Mumbai, Maharashtra, India. Even with a lockdown in place, people still need money and often leave home to get it. Aditya Puri who is the current chief executive officer of HDFC bank has stated that Sashidhar possesses all the required skills and he will be going to play an important role in the growth of the Bank in the coming years. 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. "I will play my favourite game, golf. All rights reserved. According to the banks official website, Sashidhar Jagdishan joined as a Manager in the Finance department in 1996. "The Reserve Bank of India (RBI) vide its communication dated August 3, 2020, has approved the appointment of Mr. Sashidhar Jagdishan as Managing Director & CEO of the Bank for a period of 3 (three) years w.e.f. 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It is now for RBI to decide, he said. With the current situation of a pandemic of global proportions, staying healthy is at the forefront of everyones minds. "Sashidhar is humane; he is motivational; he is a very thorough executor," he added. We adhered to social distancing norms and also provided people with sanitizers before and after operating the ATM machine. Recurring Deposit Calculator. Download Financial Express App for latest business news. It is also one of the largest banks with regards to UPI transactions The RBI on August 4 approved the appointment ofSashidhar Jagdishan asManagingDirector and Chief Executive Officer (CEO) ofHDFC Bank for three years. 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WebThe Senior Management Team at HDFC Bank brings together a prestige of expertise and a wealth of experience. Sashidhar Jagdishan is former Executive Director at HDFC Bank Ltd. Mr. Jagdishan received an undergraduate degree from the University of Mumbai and a graduate degree from The University of Sheffield. CNBCTV18 EXCLUSIVE: RBI approves Sashidhar Jagdishan's name for CEO of HDFC Bank. Initially, he served as a Manager in the finance function and then promoted at the post of Business Head Finance in 1999. HDFC Ltd Chairman Deepak Parekh will step aside, after having led India's mortgage-lending pioneer for more than four decades, once the proposed merger between the home-financier and HDFC Bank is consummated. Puri's successor Jagdishan was among the top two internal candidates for the top job at HDFC Bank. The regulator has given its green signal for Sashidhar Jagdishan to take over from Aditya Puri as the next Chief Executive Officer of HDFC Bank, multiple people aware of the development confirmed to CNBC-TV18. "Jagdishan has the necessary skills. This ensures continuity and stability. Reproduction of news articles, photos, videos or any other content in whole or in part in any form Jagdishan is currently Group Head and Change Agent, HDFC Bank. Find & Invest in bonds issued by top corporates, PSU Banks, NBFCs, and much more. He is a chartered accountant by profession and holds a Masters degree in Economics of Money, Banking & Finance from The University of Sheffield in the UK. Kaizad Barucha, who has the highest board experience, was the senior-most candidate in the fray. Cash pickup, cash drop and cheque pickup services can be requested from the comfort of home. Deadline 15-Mar-2023. Counting begins, Meghalaya Election Result 2023 Live Updates: Will Conrad Sangma prove exit polls wrong? Car Loan BT Top-Up Calculator. MUMBAI: Sashidhar Jagdishan, chief financial officer of HDFC Bank, is tipped to be elevated as executive director after deputy managing director Paresh Bhavesh Zaveri, another internal candidate, was also screened by the six-member succession committee. Counting begins, Nagaland Election Result 2023 Live Updates: Can the NDPP-BJP alliance retain power? Seattle bans caste discrimination: What does the law entail? HDFC Bank shares were up 4.67% to trade at Rs 1,048 per share. WebKnown Addresses for Bar Education, Inc. 1900 W Commercial Blvd Fort Lauderdale, FL 33309 6350 N Andrews Ave Fort Lauderdale, FL 33309 16120 US Highway 19 N Download Financial Express App for latest business news. Jagdishan will be taking over at a time of increased economic uncertainty amidst the Covid-19 led crisis. 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