Re-appointment of Kaizad Bharucha as Deputy Managing Director of HDFC Bank Limited

HDFC Bank Limited has announced the re-appointment of Mr. Kaizad Bharucha as Deputy Managing Director, subject to approval from the Reserve Bank of India (RBI) and subsequent shareholder approval. Mr. Bharucha, who has been with the bank since 1995 and on the board since 2014, has played a pivotal role in various strategic initiatives, including mergers and acquisitions, credit and risk management, and corporate social responsibility. His re-appointment is for a period of three years, pending RBI approval. Mr. Bharucha's extensive experience and contributions have been instrumental in the bank's growth and its ability to navigate volatile economic conditions.