HDFC Bank's Sashidhar Jagdishan is stepping down, Kotak Mahindra is searching for Ashok Vaswani's successor, and ICICI's Sandeep Bakshi has taken just a two-year extension. In this episode, Anirban Chowdhury talks to ET's Banking Editor Sangita Mehta about the wave of CEO exits hitting India's biggest banks through 2028, what really went wrong at HDFC, whether Deputy MD Kaizad Bharucha can take over given RBI's 15-year board cap, and why RBI's tenure and age rules may be quietly ending the era of the long-serving Indian bank CEO.#HDFCBank #ICICI #KotakMahindra #BankingNews #RBI #TheMorningBrief Show more Show less
Why India's Top Banks Are Suddenly Hunting for CEOs | The Morning Brief Decode
HDFC Bank's Sashidhar Jagdishan is stepping down, Kotak Mahindra is searching for Ashok Vaswani's successor, and ICICI's Sandeep Bakshi has taken just a two-year extension. In this episode, Anirban Chowdhury talks to ET's Banking Editor Sangita Mehta about the wave of CEO exits hitting India's biggest banks through 2028, what really went wrong at HDFC, whether Deputy MD Kaizad Bharucha can take over given RBI's 15-year board cap, and why RBI's tenure and age rules may be quietly ending the era of the long-serving Indian bank CEO.#HDFCBank #ICICI #KotakMahindra #BankingNews #RBI #TheMorningBrief
TL;DRAI
HDFC, Kotak Mahindra, and ICICI face CEO transitions through 2028 as RBI's 15-year cap limits internal promotion. New leadership will force IT strategy audits and budget reallocations, disrupting vendor consolidation plans and digital transformation roadmaps.
96 words~1 min read
