Mumbai, January 31, 2025 – HDFC Bank Limited (BSE: 500180 | NSE: HDFCBANK) has announced that Mr. V. Chakrapani, the Group Head - Change Agent, will retire from his role at the close of business hours on January 31, 2025.
This follows the earlier intimation dated April 1, 2024, when Mr. Chakrapani was appointed to lead key strategic initiatives and transformation projects within the bank.
A Distinguished Career at HDFC Bank
Mr. Chakrapani has been associated with HDFC Bank for 30 years, contributing significantly to its growth and diversification across business lines. The bank acknowledged his instrumental role in driving operational transformations and scaling its business strategy over the years.Official Statement from HDFC Bank
In an official communication to the stock exchanges, Mr. Ajay Agarwal, Company Secretary & Head - Group Oversight, expressed the bank’s sincere appreciation for Mr. Chakrapani’s service and dedication.Strategic Implications
While no immediate successor has been named, Mr. Chakrapani’s departure marks a transition period for the bank’s strategic transformation initiatives. Investors and stakeholders will be closely monitoring HDFC Bank’s next steps in sustaining its momentum in innovation and growth.The bank has requested stock exchanges to take note of the update.