HDFC Bank Appoints Rajiv Kumar as Part-Time Chairman and Independent Director
HDFC Bank has appointed former Finance Secretary and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman for three years, effective upon Reserve Bank of India approval. The bank's board also approved his appointment as an Additional (Independent) Director for four years, subject to shareholder consent. Kumar succeeds Atanu Chakraborty and brings extensive experience in financial services and public sector banking reforms, with his appointment concluding the bank's search for a permanent chairman.