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HDFC Bank has been an outlier under Aditya Puri. Here’s why his successor will have a tougher task.

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Banking

HDFC Bank has been an outlier under Aditya Puri. Here’s why his successor will have a tougher task.

The credit for HDFC Bank’s outperformance should primarily go to its well-knit management team — the lender’s biggest intangible asset, which is also the envy of its rivals. But with the impending change of guard at its helm, the bank is headed for challenging times, as maintaining the growth momentum in the post-pandemic world will be a tall order.
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29 Jul 2020 8 Mins Read 0 comment
Aditya Puri, managing director, HDFC Bank, at his office in Mumbai. Getty Images
Aditya Puri, managing director, HDFC Bank, at his office in Mumbai.
October 2020 will mark the end of an era at HDFC Bank. As Aditya Puri steps down as the lender’s managing director and CEO after spending a quarter of a century at its helm, all eyes would be on his successor. Indeed, the new CEO will have some big shoes to fill. From a humble beginning in the
pandemic. Irrespective of who takes the reins, the topmost priority for HDFC Bank’s new CEO should be to ensure a zero-tolerance policy towards governance lapses. All stakeholders are keenly looking forward to another glorious innings from HDFC Bank 2.0. Can its new CEO deliver it? ( Research support by Rochelle Britto) ( Graphics by Abdul Shafiq)
October 2020 will mark the end of an era at HDFC Bank. As Aditya Puri steps down as the lender’s managing director and CEO after spending a quarter of a century at its helm, all eyes would be on his successor. Indeed, the new CEO will have some big shoes to fill. From a humble beginning in the pandemic. Irrespective of who takes the reins, the topmost priority for HDFC Bank’s new CEO should be to ensure a zero-tolerance policy towards governance lapses. All stakeholders are keenly looking forward to another glorious innings from HDFC Bank 2.0. Can its new CEO deliver it? ( Research support by Rochelle Britto) ( Graphics by Abdul Shafiq)

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