HDFC Bank
Sashidhar Jagdishan has been named managing director and chief executive of India’s biggest private lender. His appointment will last for three years, with effect from 27 October.
His appointment has been approved by the Reserve Bank of India.
Jagdishan joined the HDFC in 1996, moving through the ranks to become chief financial officer in 2008.
He is currently group head of finance, human resources, legal & secretarial, administration, infrastructure, corporate communications, corporate social responsibility and also the strategic change agent of the bank.
He replaces Aditya Puri, who is due to retire as managing director of the bank on 26 October.
Nippon Life India Asset Management
Parekh Ashvin has been appointed as an independent director on the board of directors of Nippon Life India AM for a period of five years.
He brings with him more than 40 years’ experience business and operational strategies; having worked in banking, insurance, asset management and para-banking institutions across India, the US, Europe and Australia.
Before retiring, he was a senior partner at EY.
BowerGroupAsia
The strategic advisory firm specialising in foreign direct investment has named Ratan Shrivastava as managing director for BGA India.
Shrivastava previously worked for KPMG and acted as an adviser to industry association, the Federation of Indian Chambers of Commerce and Industry (FICCI).
He served in the Indian Army for nearly two decades before taking early retirement with the rank of lieutenant colonel.
