Anup Bagchi assumed charge as Managing Director and Chief Executive Officer of HDFC Bank on 27 October 2026, succeeding Sashidhar Jagdishan. His appointment is for a three-year term.
Bagchi brings more than three decades of experience across banking, capital markets, wealth management and insurance. Before joining HDFC Bank, he served as Executive Director at ICICI Bank and led ICICI Securities as its Managing Director and CEO.
His appointment marks a significant leadership transition at India’s largest private-sector bank and places a new executive at the centre of its next phase of growth, customer engagement and operational execution. The market will be watching how the bank balances growth ambitions, deposit mobilisation, profitability and integration priorities under the new leadership.
Source: Reuters; HDFC Bank filing.
