HDFC Bank's ADRs rose 5.4% following the appointment of Anup Bagchi as MD and CEO, effective October 27, 2026. The appointment will mark a leadership transition at HDFC Bank, with incumbent MD and CEO Sashidhar Jagdishan set to complete his tenure at the close of business on October 26, 2026. Key points and original sources are listed below.

• HDFC Bank's ADRs rose 5.4% following the appointment of Anup Bagchi as MD and CEO, effective October 27, 2026. The RBI approved his appointment, succeeding Sashidhar Jagdishan, who will not seek a third term. Bagchi previously led ICICI Prudential Life Insuran...S1

• The appointment will mark a leadership transition at HDFC Bank, with incumbent MD and CEO Sashidhar Jagdishan set to complete his tenure at the close of business on October 26, 2026.S2

• Mumbai: HDFC Bank has appointed Anup Bagchi as its new Managing Director and Chief Executive Officer for a period of three years, marking a major leadership change at the private sector lender.BHDFC Bank Names Anup Bagchi As New MD & CEO, Three-Year Term To Be...S3