HDFC Bank’s CEO Hunt

HDFC Bank is staring at an unusual leadership vacuum. CEO Sashidhar Jagdishan is set to leave in October, even as India’s largest private sector bank grapples with slowing profit growth, squeezed margins and the lingering impact of its mega merger with HDFC Ltd. Who could take over — internal heavyweight Kaizad Bharucha or an outsider? And can a successor even be found in time? Anirban Chowdhury speaks to ET’s banking editor Sangita Mehta about the names in contention, a wider leadership crunch across Indian banking, what has gone wrong with HDFC Bank’s financial engine, and the challenges awaiting its next chief.
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