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HDFC Bank may see 9 senior executives superannuate through 2030

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HDFC Bank may see 9 senior executives superannuate through 2030

While HDFC Bank is already preparing for a leadership transition under incoming MD & CEO Anup Bagchi, lender may also see nine senior executives potentially superannuate between 2027 and 2030, based on a 60-year benchmark and 2026 as the reference year, with five of such transitions across 2027-28.

9 senior executives could potentially superannuate between 2027 and 2030, based on a 60-year benchmark and 2026 as the reference year.

Five of the nine potential transitions are concentrated in 2027-28, spanning business banking, operations, branch banking and lending operations.

KMP Changes: Anup Bagchi has been appointed MD & CEO for a three-year term since Jagdishan opted not to seek a third term; Puneet Sharma is set to take over as CFO from December 1.

Rangan has been reappointed as Executive Director for another year, while Jimmy Tata has been appointed Whole-time Director for three years, taking him out of the age-based superannuation pool.

HDFC Bank has also seen multiple senior-level exits over the past two years, including Chairman Atanu Chakraborty, CHRO Vinay Razdan, Rahul Shyam Shukla, Arvind Kapil, Parag Rao, P J Jayasinghe and Executive Director Bhavesh Zaveri.

Largest private sector lender HDFC Bank could see nine senior executives potentially superannuate between 2027 and 2030, for which 2026is taken as the reference year and 60 years as the superannuation benchmark. The potential transitions are spread across several key functions, including business banking , operations, branch banking , lending operations, private banking, treasury, realty business finance and marketing. According to a timeline compiled by Venator Search Partners, the first potential transitions could come in 2027, when Sanjay John D’Souza and Gourab Roy, both 59 in the 2026 reference year, would reach 60.


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