Flurry of senior-level exits at HDFC Bank points to likely revamp
People aware of the matter have pointed to an expected top management reshuffle in HDFC Bank before Aditya Puri leaves
The bank had constituted a six-member search committee last year to find a replacement for Aditya Puri and hired Egon Zehnder for assistance
A flurry of top-level exits at HDFC Bank Ltd has turned the spotlight on the country’s largest private sector lender, which is set for a top leadership change later this year. Since March, the bank has seen the exits of Abhay Aima, group head of private banking; Ashok Khanna, group head of secured vehicle loans; and Munish Mittal, chief information officer—all HDFC Bank veterans and close aides of its long-time managing director Aditya Puri.