HDFC Bank appoints Rajiv Kumar, a former Finance Secretary, as its part-time chairman, according to multiple reports. The appointment follows months after Atanu Chakraborty resigned abruptly, which raised governance-related questions about the lender, Bloomberg notes. NDTV and Business Line add background on Kumar’s career, including that he later served as India’s 25th Chief Election Commissioner. Business Line reports that the bank’s board approves the role and that Kumar will be appointed as an additional director effective June 30, 2026, for a four-year term. The Hindu also reports the same appointment but does not provide additional details in the supplied excerpt. Across the sources, the key elements are consistent: HDFC Bank names Rajiv Kumar as part-time chairman, references his senior government experience, and specifies a start date and term length for the additional director appointment. The reports do not indicate other changes to the bank’s management in the provided text.
HDFC Bank appoints former Finance Secretary Rajiv Kumar as part-time chairman
HDFC Bank appoints Rajiv Kumar, a former Finance Secretary, as its part-time chairman, according to multiple reports. The appointment follows months after Atanu Chakraborty resigned abruptly, which ra...
- HDFC Bank names former Finance Secretary Rajiv Kumar as part-time chairman.
- The appointment occurs months after Atanu Chakraborty’s abrupt resignation, which drew governance questions.
- Kumar previously served as India’s 25th Chief Election Commissioner.
- Business Line reports Kumar will be appointed as an additional director effective June 30, 2026.
- The additional director appointment is reported to run for four years.
Kumar, who retired as Finance Secretary in February 2020 and later also served as the 25th Chief Election Commissioner of India, is appointed as an Additional Director with effect from June 30, 2026 for 4 years
4 hours agoHDFC Bank Ltd. named former finance secretary, Rajiv Kumar, as its part-time chairman, months after the abrupt resignation of Atanu Chakraborty sparked questions about governance at the nation’s largest private lender.
4 hours agoBeyond a career in the banking and financial sector, Kumar has also served as the 25th Chief Election Commissioner of India.
4 hours agoBeyond a career in the banking and financial sector, Kumar has also served as the 25th Chief Election Commissioner of India.
4 hours ago
PCSO lotto draws report winning combinations; some jackpots go unclaimed in May 2026
The Philippine Charity Sweepstakes Office (PCSO) conducts five 6-pick number games—Lotto 6/42, MegaLotto 6/45, SuperLott...
Charlie Kirk’s widow and parents to attend Tyler Robinson’s Utah preliminary hearing
Erika Kirk, the widow of Charlie Kirk, and Charlie Kirk’s parents are expected to attend a week-long preliminary hearing...
JetBlue flight reports drone strike during approach to JFK; FAA investigates
Multiple outlets report that a JetBlue Airways aircraft experienced a reported drone collision while approaching John F....