Sashidhar Jagdishan

Banker

Indian Mumbai, Maharashtra, India

Quick Info

ProfessionBanker
NationalityIndian
BirthplaceMumbai, Maharashtra, India

Latest News about Sashidhar Jagdishan

20/03/2026

HDFC Bank Chairman Atanu Chakraborty resigned following a reported power struggle with CEO Sashidhar Jagdishan, as Chakraborty opposed extending Jagdishan's tenure while the board majority favored it. The bank maintains robust internal processes and focuses on growth and compliance remediation.

18/03/2026

HDFC Bank's board is likely to seek an extension for CEO Sashidhar Jagdishan beyond his current term ending on 26/10/2026 to ensure leadership continuity amid senior-level changes. The Reserve Bank of India supports his continuation, and the board has persuaded him to stay in the role.

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Bio/Wiki

Nick NameSashi
Known ForBeing Managing Director and Chief Executive Officer of HDFC Bank

Physical Stats & More

Height5' 9" (175 cm)
Eye ColorBlack
Hair ColorSalt and Pepper (Partially bald)

Educational Qualification(s)

SchoolDon Bosco High School, Matunga, Mumbai
College/University
  • Mumbai University, Maharashtra
  • University of Sheffield, United Kingdom
Degrees
  • Bachelor degree in Science with a specialization in Physics
  • Master degree in Economics of Money, Banking, and Finance
  • Chartered Accountant

Personal Life

ReligionHinduism
Hobbies
  • Reading
  • Writing
  • Cooking

Relationships & More

Marital StatusMarried
Money Factor
SalaryRs 10.55 crore per year (as of 2022)
Net WorthRs 65.8 crore (as of 2024)

Career

OverviewSashidhar Jagdishan commenced his professional journey at Deutsche Bank in 1992, where he served as a senior officer in the Country Financial Control division for three years. In 1996, he joined HDFC Bank as a finance manager, and his hard work led to a swift promotion to Business Head of Finance by 1999. By 2008, he had reached the role of Chief Financial Officer.
Achievements
  • Recognized as the Best CFO in the banking sector at the CNBC TV18 CFO Awards for the financial year 2013-2014.
  • Took on the title of Best CFO by a special jury at the Financial Express CFO Awards in 2019.
  • Assumed the role of MD and CEO of HDFC Bank in 2020, navigating the institution during significant shifts like the COVID-19 pandemic.
  • Led HDFC Bank to multiple awards including recognition as Best Large Indian Bank in 2020, 2021, and 2022.
  • Named the highest-paid bank chief executive in India in 2023.
  • Named Bank CEO of the Year in Asia Pacific for 2024.
  • Oversaw the merger of HDFC Limited into HDFC Bank in 2023, boosting the bank's market capitalization to over INR 12 trillion.
Recent Events
  • Faced legal controversy in 2025 when an FIR was filed against him, which HDFC Bank categorically denied.
  • Re-appointed as MD & CEO by the Reserve Bank of India for an extended term starting October 27, 2023.

Some Lesser Known Facts

1. Sashidhar grew up in Matunga, Mumbai, where he attended school.
2. He cleared the Chartered Accountant exams on his first attempt.
3. His passion for banking stems from childhood aspirations.
4. In his leisure time, he enjoys cooking, particularly making 'thayir shadam' or curd rice.
5. Sashidhar is a fitness enthusiast who prefers cycling as his main workout routine.
Information on this page is collected from public sources and may not be 100% accurate. Report an error
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