HDFC Bank taps Jimmy Tata as executive director, pending RBI approval

• HDFC Bank moved to appoint a new managing director and CEO, submitting two candidates to the regulator in order of preference.
• Board cleared V. Srinivasa Rangan for reappointment as executive director from Nov. 23, 2026 to Nov. 22, 2027.
• Rangan runs HR, legal, group oversight, investment banking, information security, ethics, fraud vigilance; previously CFO at HDFC Ltd.
• Jimmy Tata was selected as executive director for a three-year term, effective from the regulator’s approval date.
• Tata is HDFC Bank’s chief credit officer; previously chief risk officer; has 35+ years in banking and financial services.

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