Who is HDFC Bank’s next CEO, and when does Anup Bagchi take charge?

Who is HDFC Bank’s next CEO?

Anup Bagchi is the approved successor to Sashidhar Jagdishan as HDFC Bank’s managing director and chief executive officer. The bank’s exchange filing dated 1 October 2026 says the Reserve Bank of India approved the appointment that day.

When does he take charge?

The approved term runs from **27 October 2026 to 26 October 2029**. Jagdishan’s current tenure ends at the close of business on **26 October 2026**. The filing says the MD and CEO appointment remains subject to shareholder approval.

Bagchi’s appointment as an additional director takes effect on **2 October 2026**. That earlier board date does not make him the serving MD and CEO on 2 October.

What is his background?

Bagchi joined the ICICI Group in 1992. His previous roles include leading ICICI Securities and serving as an executive director at ICICI Bank. At the time of HDFC Bank’s announcement, he was MD and CEO of ICICI Prudential Life Insurance, a role he had held since June 2023.

He studied engineering at IIT Kanpur and management at IIM Bangalore, according to HDFC Bank’s director profile.

What should readers watch next?

The remaining approval matters: an RBI-approved appointment and a completed shareholder vote are different milestones. Use the bank’s subsequent exchange disclosures to check that step. This page records the announced transition as verified on **2 October 2026**.