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HDFC Bank Ltd (HDBK.NS)

HDBK.NS on National Stock Exchange of India

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24 May 2019
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Summary

Name Age Since Current Position

Shyamala Gopinath

68 2015 Non-Executive Independent Chairperson of the Board

Sashidhar Jagdishan

2014 Chief Financial Officer

Santosh Haldankar

2018 Compliance Officer, Company Secretary

Aditya Puri

67 Managing Director, Non-Independent Executive Director

Kaizad Bharucha

53 2013 Executive Director

Abhay Aima

56 Group Head

K. Balasubramanian

47 2016 Group Head

Ashima Bhat

47 2016 Group Head

Nitin Chugh

47 2016 Group Head

Aseem Dhru

48 2015 Group Head

Neil Francisco

56 Group Head

Arvind Kapil

47 2016 Group Head

Ashok Khanna

61 2016 Group Head

Philip Mathew

55 Group Head

Munish Mittal

50 2016 Group Head

Ravi Narayanan

49 2016 Group Head

Ashish Parthasarthy

50 Group Head

Navin Puri

60 Group Head

Nitin Rao

51 2016 Group Head

Parag Rao

53 2016 Group Head

Rajesh Rathanchand

Group Head

Dhiraj Relli

2016 Group Head

Rajender Sehgal

63 2011 Group Head

Nirav Shah

46 2016 Group Head

Rakesh Singh

49 2016 Group Head

Jimmy Tata

52 Group Head

Chakrapani Venkatachari

54 2013 Group Head

Bhavesh Zaveri

52 2007 Group Head

Keki Mistry

63 2012 Non-Executive Non-Independent Director

Srikanth Nadhamuni

54 2016 Non-Executive Director

Sandeep Parekh

2019 Additional Independent Director

Mavinakere Ranganath

56 2019 Additional Independent Director

Malay Patel

41 2015 Non-Executive Independent Director

Umesh Sarangi

66 2016 Non-Executive Independent Director

Conrad D'Souza

2018 Chief Investor Relations Officer

Biographies

Name Description

Shyamala Gopinath

Mrs. Shyamala Gopinath is Non-Executive Independent Chairperson of the Board of HDFC Bank Limited since January 2015. She holds a Master’s Degree in Commerce and is a CAIIB. Mrs. Shyamala Gopinath has over 40 years of experience in financial sector policy formulation in different capacities at RBI. As Deputy Governor of RBI for seven years, and a member of the RBI’s Board of Directors, she guided and influenced national policies in diverse areas such as regulation and supervision, development of financial markets, capital account management, management of government borrowings, forex reserves management and payment and settlement system. She has served on several Committees while with the RBI. During 2001-03, she worked as senior financial sector expert in the then Monetary Affairs and Exchange Department of the International Monetary Fund (Financial Institutions Division). She was on the Corporate Bonds and Securitisation Advisory Committee (CoBoSAC), a Sub-Committee of SEBI. She served as the Chairperson on the Advisory Board on Bank, Commercial and Financial Frauds for two years from 2012 to 2014. She was an Independent Director on the Boards of Clearing Corporation of India Limited, Indian Oil Corporation Limited and GAIL (India) Limited. Apart from HDFC Bank, she is an Independent Director on few other companies including not for profit entities. She is also Chairperson of the Board of Governors of Indian Institute of Management, Raipur. Mrs. Gopinath does not hold any shares in the Bank as on March 31, 2018.

Sashidhar Jagdishan

Mr. Sashidhar Jagdishan is an Chief Financial Officer of HDFC Bank Limited since 2014. He holds a Bachelor of Science degree in Physics from the University of Mumbai and a Masters in Economics of Money, Banking and Finance from the University of Sheffield, UK. He is a Chartered Accountant of the Institute of Chartered Accountants of India. He has been with the Bank since 1996.

Santosh Haldankar

Aditya Puri

Mr. Aditya Puri is Managing Director, Non-Independent Executive Director of HDFC Bank Limited. He holds a Bachelor’s degree in Commerce from Punjab University and is an Associate Member of the Institute of Chartered Accountants of India. Prior to joining the Bank, Mr. Puri was the Chief Executive Officer of Citibank, Malaysia from 1992 to 1994. Mr. Puri has been the Managing Director of the Bank since September 1994. Mr. Puri has over four decades of experience in the banking sector in India and abroad. Mr. Puri has provided outstanding leadership as the Managing Director and has contributed significantly to enable the Bank scale phenomenal heights under his stewardship. During the year, Mr. Puri was awarded the Lifetime Achievement Award by Businessworld magazine for his contribution to banking. The numerous awards won by Mr. Puri and the Bank are a testimony to the tremendous credibility that Mr. Puri has built for himself and the Bank over the years. The Bank has made good and consistent progress on key parameters like balance sheet size, total deposits, net revenues, earnings per share and net profit during Mr. Puri’s tenure.advisor to the Central Government appointed Board of Directors of Satyam Computers Services Limited during the restoration process and has also been engaged in providing business / strategic and financial consultancy on a selective basis. Mr. Datta has rich and extensive experience in various financial and accounting matters including financial management, mergers and amalgamations and capital markets strategy. Mr. Datta is one of the financial experts on the Audit Committee of the Board. Mr. Datta does not hold any equity shares in the Bank as on March 31, 2018.

Kaizad Bharucha

Mr. Kaizad Bharucha isExecutive Director of HDFC Bank Ltd. He holds a Bachelor of Commerce degree from University of Mumbai. He has been associated with the Bank since 1995. In his current position as Executive Director, he is responsible for Wholesale Banking covering areas of Corporate Banking, Emerging Corporate Group, Business Banking, Capital Markets & Commodities Business, Agri Lending, Investment Banking, Financial Institutions & Government Business and Department for Special Operations. He has driven growth and profitability in the aforesaid areas of the Wholesale banking segment of the Bank. In his previous position as Group Head - Credit & Market Risk, he was responsible for the Risk Management activities in the Bank viz., Credit Risk, Market Risk, Debt Management, Risk Intelligence and Control functions. Mr. Bharucha has been a career banker with over three decades of banking experience. Prior to joining the Bank, he worked in SBI Commercial and International Bank in various areas including Trade Finance and Corporate Banking. He has represented HDFC Bank as a member of the working group constituted by the Reserve Bank of India to examine the role of Credit Information Bureau and on the sub-committee with regard to adoption of the Basel II guidelines.

Abhay Aima

Mr. Abhay Aima is an Group Head of HDFC Bank Limited. He is graduate of the National Defence Academy. Mr. Aima is the Bank’s Head of Equities, Private Banking and Third Party Products. He is in charge of NRI and International Consumer Banking.

K. Balasubramanian

Ashima Bhat

Nitin Chugh

Aseem Dhru

Mr. Aseem Dhru is an Group Head of HDFC Bank Ltd. He holds a Bachelor of Commerce degree from Gujarat University and is an Associate of the Institute of Chartered Accountants of India and is a graduate of the Institute of Cost and Work Accountants. Mr. Dhru has 14 years of experience in the field of finance. He has been with the Bank since 1997 and heads the Business Banking, Mortgages, Commercial Transportation, Infrastructure and Healthcare Finance units.

Neil Francisco

Arvind Kapil

Ashok Khanna

Philip Mathew

Munish Mittal

Ravi Narayanan

Ashish Parthasarthy

Mr. Ashish Parthasarthy is an Group Head of HDFC Bank Limited. He holds a Bachelor of Engineering degree from the Karnataka Regional Engineering College and has a Post-Graduate Diploma in Management from the Indian Institute of Management, Bangalore. He has 18 years of experience in the interest rate and currency markets.

Navin Puri

Mr. Navin Puri is an Group Head of HDFC Bank Limited. He holds a Bachelor of Commerce degree from Calcutta University and is a member of the Institute of Chartered Accountants of India. He has received a Masters of Business Administration degree from the Texas University, U.S.A. Mr. Puri has 18 years of banking experience. He has been with the Bank since February 1999. He currently heads the Retail Branch Banking business, and is also the Business Head for Retail Current Accounts of the Bank.

Nitin Rao

Parag Rao

Rajesh Rathanchand

Dhiraj Relli

Rajender Sehgal

Mr. Rajender Sehgal is an Group Head of HDFC Bank Limited. He is a gold medalist in Bachelor of Science from Punjab University. He holds a Masters of Business Administration degree from FMS Delhi University and is a Certified Associate of the Indian Institute of Bankers. Mr. Sehgal had a tenure of 20 years with the State Bank of India in capacities, including an assignment with their New York USA branch.

Nirav Shah

Rakesh Singh

Jimmy Tata

Mr. Jimmy M. Tata is an Group Head of HDFC Bank Limited. He holds a Masters of Financial Management degree from the University of Mumbai and is a qualified Chartered Financial Analyst from the Institute of Chartered Financial Analysts of India, Hyderabad. He has 20 years of work experience and he has been with the Bank since 1994.

Chakrapani Venkatachari

Bhavesh Zaveri

Mr. Bhavesh Zaveri is an Group Head of HDFC Bank Limited. He holds a Masters degree in Commerce from the University of Mumbai and is a Certified Associate of the Indian Institute of Bankers. Mr. Zaveri has been with the Bank since 1998, and he is Head of Wholesale Banking Operations and also Head of Cash Management Products. Mr. Zaveri is a member of committees and forums of the IBA and of the RBI, including a director of the Board of the National Payment Corporation of India Ltd.

Keki Mistry

Shri. Keki Minoo Mistry , CPA is Non-Executive Non-Independent Director of HDFC Bank Limited. He holds a Bachelor’s Degree in Commerce from the Mumbai University. Mr. Mistry is a Fellow Member of the Institute of Chartered Accountants of India. Mr. Mistry brings with him over three decades of varied experience in banking and financial services domain. Mr. Mistry started his career with AF Ferguson & Co, a renowned Chartered Accountancy firm, followed by stints at Hindustan Unilever Limited and Indian Hotels Company Limited. In the year 1981, Mr. Mistry joined Housing Development Finance Corporation Limited (HDFC Ltd.). Mr. Mistry was inducted on to the Board of HDFC Ltd. as an Executive Director in the year 1993 and was elevated to the post of Managing Director in November 2000. In October 2007, Mr. Mistry was appointed as Vice Chairman & Managing Director of HDFC Ltd. and became the Vice Chairman & CEO in January 2010. As a part of the management team, Mr. Mistry has played a critical role in the successful transformation of HDFC Ltd. into India’s leading Financial Services Conglomerate by facilitating formation of companies including HDFC Bank Ltd., HDFC Asset Management Company Ltd., HDFC Standard Life Insurance Company Ltd. and HDFC Ergo General Insurance Company Ltd.

Srikanth Nadhamuni

Mr. Srikanth Nadhamuni is Additional Non-Executive Director of the company. He holds a Bachelor’s degree in Electronics and Communications from National Institute of Engineering and a Master’s degree in Electrical Engineering from Louisiana State University. Mr. Nadhamuni is a technologist and an entrepreneur with 28 years of experience in the areas of CPU design, Healthcare, e-Governance, National ID, Biometrics, Financial Technology and Banking sectors. Mr. Nadhamuni presently is the Chairman of Novopay Solutions Private Limited, a company involved in the area of mobile payments and is the CEO of Khosla Labs Private Limited, a start-up incubator. He has also been a co-founder of e-Governments Foundation with Mr. Nandan Nilekani which work on the objectives to improve governance in Indian cities, creation of Municipal ERP suite which improves service delivery of cities. Mr. Nadhamuni was the Chief Technology Officer of Aadhaar (UID Authority of India) during 2009-2012 where he participated in design and development of the world’s largest biometric based ID system. He was instrumental in development of Aadhaar technology, several banking and financial protocols including MicroATM, Aadhaar Enabled Payment System (AEPS) and Aadhaar Payment Bridge (APB). Mr. Nadhamuni spent 14 years in the Silicon Valley (California, US) working for several global companies such as Sun Microsystems (CPU design), Intel Corporation (CPU design), Silicon Graphics (Interactive TV) and WebMD (Internet Healthcare). Mr. Nadhamuni has been appointed as a Director having expertise in the field of Information Technology. Mr. Nadhamuni does not hold any shares in the Bank as on March 31, 2018.

Sandeep Parekh

Mr. Sandeep Parekh is Additional Independent Director of the Company. Mr. Sandeep Parekh is the managing partner of Finsec Law Advisors, a financial sector law firm based in Mumbai. He was an Executive Director at the Securities & Exchange Board of India during 2006-08, heading the Enforcement and Legal Affairs departments. He is a faculty at the Indian Institute of Management, Ahmedabad. He has worked for law firms in Delhi, Mumbai and Washington, D.C. Mr. Parekh focuses on securities regulations, investment regulations, private equity, corporate governance and financial regulations. He holds an LL.M. (Securities and Financial Regulations) degree from Georgetown University and an LL.B. degree from Delhi University. He is admitted to practice law in New York and is a member of Mensa. He was recognized by the World Economic Forum as a “Young Global Leader” in 2008. He was Chairman and member of various SEBI and RBI Committees and sub-Committees and is presently the Chairman of SEBI’s Proxy Advisory working group and a member of SEBI’s Mutual Fund Advisory Committee.

Mavinakere Ranganath

Mr. Mavinakere D. Ranganath is Additional Independent Director of the Company. He has over 26 years of experience in the Global IT services and financial services industry. He was Chief Financial Officer of Infosys Limited, a globally listed corporation, till November 2018. During his tenure of 18 years at Infosys, he was an integral part of the growth and transformation of Infosys and effectively played leadership roles in a wide spectrum of areas- Strategy, Finance, M&A, Consulting, Risk Management and Corporate Planning- culminating in the role of Chief Financial Officer and worked closely with the Board of Infosys and its Committees in formulating and executing its strategic priorities. Prior to Infosys, he worked at ICICI Limited for eight years and executed responsibilities in corporate credit, treasury, equity portfolio management and corporate planning. In the years 2017 and 2018, Mr. Ranganath was the recipient of the Best CFO Asia award in the technology sector, by Institutional Investor publication, based on a poll of buy-side and sell-side investor community. Mr. Ranganath is a PGDM from IIM- Ahmedabad. He holds a Master’s degree in Technology from IIT- Madras and a Bachelor’s degree in Engineering from University of Mysore. He is a member of CPA, Australia.

Malay Patel

Mr. Malay Patel is Non-Executive Independent Director of the Company. He is a Major in Engineering (Mechanical) from Rutgers University, Livingston, NJ, USA, and an A.A.B.A. in business from Bergen County College, Fairlawn, NJ, USA. He is a director on the Board of Eewa Engineering Company Private Limited, a company in the plastics / packaging industry with exports to more than 50 countries. He has been involved in varied roles such as export / import, procurement, sales and marketing, etc in Eewa Engineering Company Private Limited. Mr. Malay Patel has special knowledge and practical experience in matters relating to small scale industries in terms of Section 10-A (2)(a) of the Banking Regulation Act, 1949. Mr. Malay Patel does not hold any shares in the Bank as on March 31, 2018 .

Umesh Sarangi

Mr. Umesh Chandra Sarangi is Non-Executive Independent Director of the Company since March 1, 2016. He holds a Master’s Degree in Science (Botany) from the Utkal University (gold medalist). Mr. Sarangi has 35 years of experience in the Indian Administrative Services and brought in significant reforms in modernization of agriculture, focus on agro processing and export. As the erstwhile Chairman of the National Bank for Agricultural and Rural Development (NABARD) from December 2007 to December 2010, Mr. Sarangi focused on rural infrastructure, accelerated initiatives such as microfinance, financial inclusion, watershed development and tribal development. Mr. Sarangi has been appointed as a Director having specialized knowledge and experience in agriculture and rural economy pursuant to Section 10-A (2)(a) of the Banking Regulation Act, 1949.

Conrad D'Souza