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HDFC Bank CEO Jagdishan opts out of reappointment amid governance concerns

Deccan Herald
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HDFC Bank CEO Jagdishan opts out of reappointment amid governance concerns
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Mumbai: HDFC Bank's managing director and chief executive Sashidhar Jagdishan on Saturday opted out of being considered for reappointment after his current term ends on October 26, the largest private sector lender said in a regulatory filing.Jagdishan, 61, will retire from the bank on October 26 after spending nearly three decades at the lender.The HDFC Bank board will fast-track the process for selection and appointment of Jagdishan's successor "well within time", the exchange filing said.He c

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