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{{Short description |CEO of HDFC Bank}}
{{Infobox person
| name = Sashidhar Jagdishan
| image =
| alt =
| caption =
| birth_date = {{Birth year and age|1965}}
| birth_place = [[Mumbai]], [[India]]
| death_date =
| death_place =
|alma_mater = ([[Bachelor of Science|BSc]]) [[University of Mumbai]]<br>([[Master of Science|MSc]]) [[The University of Sheffield]]
| occupation = [[Banker]]
| years_active =
| known_for = CEO of Indian [[HDFC Bank]]
| notable_works =
}}

'''Sashidhar Jagdishan''' (born 1965) is an [[Indian people|Indian]] [[banker]] who is the current managing director and [[chief executive officer]] of [[HDFC Bank]], one of India's largest private sector banks by market capitalization.<ref name=":0">{{Cite web |date=2020-08-04 |title=Meet Sashidhar Jagdishan, the man set to take over from Aditya Puri as CEO of HDFC Bank - CNBC TV18 |url=https://www.cnbctv18.com/finance/meet-sashidhar-jagdishan-the-man-set-to-take-over-from-aditya-puri-as-ceo-of-hdfc-bank-6538261.htm |access-date=2025-06-18 |website=CNBCTV18 |language=en}}</ref>

== Early life and education ==
Jagdishan was born in and raised in [[Mumbai]], India. He completed his secondary education at [[Don Bosco High School, Matunga|Don Bosco High School]] and obtained a Bachelor's degree in Science with a specialization in Physics from the [[University of Mumbai]]. He also qualified as a [[chartered accountant]]. He went on to obtained a Master's degree in Economics of Money, Banking, and Finance from the [[University of Sheffield]] in the [[United Kingdom]].<ref name=":0" /><ref>{{Cite news |date=2025-06-09 |title=Who is Sasidhar Jagdishan, MD and CEO of HDFC Bank named in Lilavti Trust FIR? |url=https://economictimes.indiatimes.com/industry/banking/finance/banking/hdfc-bank-shares-who-is-sasidhar-jagdishan-md-and-ceo-of-hdfc-bank-accused-in-lilavti-trust-fir/articleshow/121720349.cms?from=mdr |access-date=2025-06-18 |work=The Economic Times |issn=0013-0389}}</ref>

== Career ==
He joined HDFC Bank in 1996 as a manager in the finance department. Over the years, he took on increasing responsibilities, including being appointed Business Head - Finance and Chief Financial Officer (CFO) in 2008. In 2019, he assumed the role of 'Change Agent of the Bank,' overseeing various critical functions within HDFC Bank.<ref>{{Cite web |date=2023-07-26 |title=Meet Sashidhar Jagdishan, the CEO of HDFC Bank who met Tim Cook and is about to launch Apple card in India, know about his journey & net worth |url=https://www.financialexpress.com/life/lifestyle-meet-shashidhar-jagdishan-the-ceo-of-hdfc-bank-who-met-tim-cook-and-is-about-to-launch-apple-card-in-india-know-about-his-journey-net-worth-3178317/ |access-date=2025-06-18 |website=The Financial Express |language=en}}</ref>

He was appointed as the CEO of HDFC Bank in October 2020, succeeding [[Aditya Puri]]. In 2023, he was recognized as the highest-paid bank chief executive in India.<ref>{{Cite web |last=Team |first=DNA Web |title=Meet Sashidhar Jagdishan, Mumbai University alumnus, CEO of Rs 8,90,000 crore HDFC Bank, salary is... |url=https://www.dnaindia.com/business/report-meet-sashidhar-jagdishan-mumbai-university-alumnus-ceo-890000-crore-hdfc-bank-salary-651-crore-kaizad-bharucha-3030521 |access-date=2025-06-18 |website=DNA India |language=en}}</ref>

== Recognition ==
Jagdishan was named the Bank CEO of the Year in Asia Pacific for 2024.<ref>{{Cite web |title=Sashidhar Jagdishan's strategic leadership at HDFC Bank recognised in Asia Pacific |url=https://www.theasianbanker.com/updates-and-articles/sashidhar-jagdishans-strategic-leadership-at-hdfc-bank-recognised-in-asia-pacific |access-date=2025-06-18 |website=www.theasianbanker.com |language=en}}</ref>

A notable achievement during his tenure was the merger of HDFC Limited into HDFC Bank in 2023, a move that boosted HDFC Bank's market capitalization to over INR 12 trillion (approximately $154 billion).<ref>{{Cite web |date=2023-07-20 |title=HDFC Ltd HDFC Bank merger: Behind Sashi Jagdishan's big plans for HDFC Bank - BusinessToday |url=https://www.businesstoday.in/magazine/the-buzz/story/hdfc-ltd-hdfc-bank-merger-behind-sashi-jagdishans-big-plans-for-hdfc-bank-390643-2023-07-20 |access-date=2025-06-18 |website=Business Today |language=en}}</ref>

== Controversies ==
In 2025, Sashidhar Jagdishan faced allegations of financial fraud. The Lilavati Kirtilal Mehta Medical Trust, which owns and controls Lilavati Hospital in [[Mumbai]], filed a [[First information report|First Information Report]] (FIR) against him and eight others, including former bank employees. The trust alleged that Jagdishan was involved in misappropriating funds, citing a seized cash diary that reportedly indicated his direct receipt of ₹2.05 crore out of a total of ₹14.42 crore misappropriated by the trustees.

The Mehta family, controlling the trust, called for his suspension from HDFC Bank and urged regulatory bodies such as the [[Reserve Bank of India]] (RBI) and the [[Securities and Exchange Board of India|Securities and Exchange Board of India (SEBI)]] to take action. HDFC Bank has publicly denied these charges, stating they are "malicious and baseless" and are linked to an attempt by individuals to avoid repaying a loan.<ref>{{Cite web |date=2025-06-09 |title=Who is Sashidhar Jagdishan, the banking executive at the centre of HDFC Bank's fraud allegations - CNBC TV18 |url=https://www.cnbctv18.com/business/finance/sashidhar-jagdishan-profile-ceo-md-hdfc-bank-fraud-allegations-19617113.htm |access-date=2025-06-18 |website=CNBCTV18 |language=en}}</ref>

== References ==
{{reflist}}

{{DEFAULTSORT:Jagdishan, Sashidhar}}
[[Category:Living people]]
[[Category:1965 births]]
[[Category:20th-century Indian people]]
[[Category:Indian business executives]]
[[Category:University of Mumbai alumni]]
[[Category:HDFC Group]]

Sashidhar Jagdishan - Revision history

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