Anup Bagchi has taken charge as the managing director and chief executive officer of HDFC Bank. He succeeds Sashidhar Jagdishan, who completed his tenure on October 26. HDFC Bank acknowledged Jagdishan's contributions in terms of performance and culture during his leadership. The bank expressed optimism for Bagchi’s leadership moving forward in terms of strategic priorities. They provided details regarding both executives in compliance with regulatory requirements effective from October 1.