HDFC Bank New Update: Jagadishan is the second CEO of the bank in its three decade long journey. He told the bank employees that after the change in the organization, taking advantage of the method we have created will help in focusing faster on better performance.
HDFC Bank Update: After the merger of HDFC and HDFC Bank, another big update related to it has come. A report said that HDFC Bank CEO Shashidhar Jagadeesan has divided retail loans into two categories: Mortgage Segment and Non-Mortgage Segment. There will be two group heads and two regional heads for these two new segments.
This change came into effect from October 1
According to the news published in Economic Times, the bank has informed the employees a day before on October 3 by issuing an internal mail related to this. It was told that this change is effective from October 1. Jagadishan is the second CEO of the bank in its three decade long journey. He told the bank employees that after the change in the organization, taking advantage of the method we have created will help in focusing faster on better performance.
HDFC Bank will re-structure the top management
Focusing on Custom Center City in the memo, Jagadeesan said the main objective of the restructuring is to better serve customers and provide better value to its stakeholders. Also, we have to stand strong in the market competition. In the internal mail sent to the employees, it was told that HDFC will restructure the top management on behalf of the bank.
According to a Bloomberg News report, the bank has put the IT and digital functions under the leadership of Ramesh Lakshminarayanan under CEO Shashidhar Jagadeesan. Apart from this, Ashish Parthasarathy, who has been holding the responsibility of treasury since 2009, will get the responsibility of retail branch business.
