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HDFC Bank Appoints New Chief Compliance Officer
1 Oct
Summary
- V.N. Srivatsan appointed Chief Compliance Officer for three years.
- Srivatsan joins HDFC Bank on January 4, 2027, from ICICI Bank.
- The appointment aligns with Reserve Bank of India's compliance directions.
HDFC Bank has announced the appointment of V.N. Srivatsan as its Chief Compliance Officer for a term of three years. Srivatsan is scheduled to join the bank on January 4, 2027.
With approximately 34 years of professional experience, including 25 years in the banking, financial services, and insurance (BFSI) sector, Srivatsan brings a wealth of expertise. He is currently serving as the Head of Compliance for Overseas Banking and Subsidiaries and Data Privacy Officer at ICICI Bank.
The appointment, approved by the bank's board based on committee recommendations, adheres to the Reserve Bank of India's (Commercial Banks- Compliance Function) Directions, 2026. Srivatsan's prior roles included leading Retail Banking Compliance and Regulatory Inspection.
Until Srivatsan's arrival, Venkateswaran L will temporarily serve as Chief Compliance Officer. Rakesh Kumar Rajput, the current Chief Compliance Officer whose tenure concludes on September 30, 2026, will continue in his role until then.
