HDFC Bank to Hire Headhunter After CEO’s Surprise Exit

HDFC Bank Ltd. is seeking to hire a search firm to fast-track the appointment of a new chief executive officer, according to people with knowledge of the matter, an indication...

By Saikat Das · Bloomberg

HDFC Bank Ltd. is seeking to hire a search firm to fast-track the appointment of a new chief executive officer, according to people with knowledge of the matter, an indication of how India’s top private-sector lender was caught unawares by incumbent Sashidhar Jagdishan deciding to step down.