HDFC deputy MD Kaizad Bharucha announces exit ahead of Anup Bagchi's takeover as CEO
HDFC Bank's Deputy Managing Director, Kaizad Bharucha, has announced his resignation, effective December 31. This move precedes Anup Bagchi's appointment as the new Managing Director and CEO. In the latest reports, HDFC Bank has demonstrated remarkable profitability shifts this July to September, reflecting improved asset quality and a surge in net profit. Bharucha's resignation awaits approval...
Key Takeaways
- HDFC Bank's Deputy Managing Director, Kaizad Bharucha, has announced his resignation, effective December 31.
- This move precedes Anup Bagchi's appointment as the new Managing Director and CEO.
- In the latest reports, HDFC Bank has demonstrated remarkable profitability shifts this July to September, reflecting improved asset quality and a surge in net profit.
HDFC Bank's Deputy Managing Director, Kaizad Bharucha, has announced his resignation, effective December 31. This move precedes Anup Bagchi's appointment as the new Managing Director and CEO. In the latest reports, HDFC Bank has demonstrated remarkable profitability shifts this July to September, reflecting improved asset quality and a surge in net profit. Bharucha's resignation awaits approval from the Reserve Bank of India, as it has been accepted by the board.
Original Publisher Attribution
This summary was curated from Times of India.