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HDFC Bank Veteran Exits After 31 Years
17 Oct
Summary
- Kaizad Bharucha will exit HDFC Bank on December 31, 2026.
- He served HDFC Bank for nearly 31 years, joining in 1995.
- Bharucha played a key role in integrating HDFC Ltd. with HDFC Bank.
Kaizad Bharucha, who has been with HDFC Bank for nearly 31 years, has requested his services cease on December 31, 2026. He joined the bank in October 1995 and became one of its longest-serving senior executives.
Bharucha's tenure saw him rise through the ranks, becoming Deputy Managing Director in April 2023. He was instrumental in building critical credit and risk frameworks for the bank. His responsibilities included overseeing corporate banking, investment banking, and retail lending.
A significant achievement was his co-chairing of the integration committee for the HDFC Ltd. and HDFC Bank merger in 2023. This merger substantially reshaped the bank's scale and operations.
Bharucha's exit follows the bank's selection of Anup Bagchi as the new MD and CEO. His departure concludes a long chapter spanning HDFC Bank's early growth, business expansion, and major merger.
