HDFC Bank Management

Management criteria checks 1/4

HDFC Bank's CEO is Sashi Jagdishan, appointed in Oct 2020, has a tenure of 3.5 years. total yearly compensation is ₹105.81M, comprised of 26.7% salary and 73.3% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth ₹2.56B. The average tenure of the management team and the board of directors is 2.8 years and 2.9 years respectively.

Key information

Sashi Jagdishan

Chief executive officer

₹105.8m

Total compensation

CEO salary percentage26.7%
CEO tenure3.5yrs
CEO ownership0.02%
Management average tenure2.8yrs
Board average tenure2.9yrs

Recent management updates

Recent updates

HDFC Bank (NSE:HDFCBANK) Is Increasing Its Dividend To ₹19.00

May 10
HDFC Bank (NSE:HDFCBANK) Is Increasing Its Dividend To ₹19.00

HDFC Bank's (NSE:HDFCBANK) Upcoming Dividend Will Be Larger Than Last Year's

Apr 20
HDFC Bank's (NSE:HDFCBANK) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why HDFC Bank (NSE:HDFCBANK) Has Caught The Eye Of Investors

Mar 16
Here's Why HDFC Bank (NSE:HDFCBANK) Has Caught The Eye Of Investors

HDFC Bank (NSE:HDFCBANK) Ticks All The Boxes When It Comes To Earnings Growth

Sep 29
HDFC Bank (NSE:HDFCBANK) Ticks All The Boxes When It Comes To Earnings Growth

Do HDFC Bank's (NSE:HDFCBANK) Earnings Warrant Your Attention?

Jun 08
Do HDFC Bank's (NSE:HDFCBANK) Earnings Warrant Your Attention?

Here's Why We Think HDFC Bank (NSE:HDFCBANK) Is Well Worth Watching

Feb 13
Here's Why We Think HDFC Bank (NSE:HDFCBANK) Is Well Worth Watching

With EPS Growth And More, HDFC Bank (NSE:HDFCBANK) Is Interesting

Nov 01
With EPS Growth And More, HDFC Bank (NSE:HDFCBANK) Is Interesting

With EPS Growth And More, HDFC Bank (NSE:HDFCBANK) Is Interesting

Jul 16
With EPS Growth And More, HDFC Bank (NSE:HDFCBANK) Is Interesting

CEO Compensation Analysis

How has Sashi Jagdishan's remuneration changed compared to HDFC Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹590b

Sep 30 2023n/an/a

₹545b

Jun 30 2023n/an/a

₹488b

Mar 31 2023₹106m₹28m

₹460b

Dec 31 2022n/an/a

₹438b

Sep 30 2022n/an/a

₹417b

Jun 30 2022n/an/a

₹397b

Mar 31 2022₹65m₹25m

₹381b

Dec 31 2021n/an/a

₹360b

Sep 30 2021n/an/a

₹336b

Jun 30 2021n/an/a

₹328b

Mar 31 2021₹66m₹14m

₹318b

Dec 31 2020n/an/a

₹307b

Sep 30 2020n/an/a

₹324b

Jun 30 2020n/an/a

₹285b

Mar 31 2020₹29m₹28m

₹273b

Dec 31 2019n/an/a

₹263b

Sep 30 2019n/an/a

₹240b

Jun 30 2019n/an/a

₹232b

Mar 31 2019₹131m₹24m

₹223b

Dec 31 2018n/an/a

₹213b

Sep 30 2018n/an/a

₹206b

Jun 30 2018n/an/a

₹193b

Mar 31 2018₹22m₹20m

₹185b

Compensation vs Market: Sashi's total compensation ($USD1.27M) is above average for companies of similar size in the Indian market ($USD938.59K).

Compensation vs Earnings: Sashi's compensation has increased by more than 20% in the past year.


CEO

Sashi Jagdishan (58 yo)

3.5yrs

Tenure

₹105,805,186

Compensation

Mr. Sashidhar Jagdishan, also known as Sashi, has been Managing Director, Chief Executive Officer at HDFC Bank Ltd. since October 27, 2020. He serves as Director at HDFC Bank Limited since 2021 and served...


Leadership Team

NamePositionTenureCompensationOwnership
Sashidhar Jagdishan
MD, CEO & Director3.5yrs₹105.81m0.022%
₹ 2.6b
Kaizad Bharucha
Deputy MD & Directorless than a year₹100.53m0.032%
₹ 3.7b
Srinivasan Vaidyanathan
Chief Financial Officer4.7yrs₹30.18m0.0058%
₹ 665.0m
Bhavesh Zaveri
Group Head of Operationsno datano data0.0022%
₹ 253.4m
Rakesh Singh
Group Head of Investment Bankingno datano data0.0044%
₹ 501.0m
Ramesh Lakshminarayanan
Chief Information Officer & Group Head of ITno datano data0.0013%
₹ 151.3m
Ashima Bhat
Group Head of Business Finance & Strategyno datano data0.015%
₹ 1.7b
Ajit Shetty
Investor Relations Officerno datano data0.00036%
₹ 41.3m
Santosh Haldankar
Senior VP of Legal & Company Secretary5.8yrs₹5.78m0.00013%
₹ 14.9m
Rakesh Rajput
Chief Compliance Officerless than a yearno datano data
Madhu Chhibber
Head of Corporate Communications2.1yrsno datano data
Vinay Razdan
Chief Human Resources Officerno datano data0.0014%
₹ 164.0m

2.8yrs

Average Tenure

57yo

Average Age

Experienced Management: HDFCBANK's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sashidhar Jagdishan
MD, CEO & Director3.5yrs₹105.81m0.022%
₹ 2.6b
Kaizad Bharucha
Deputy MD & Directorless than a year₹100.53m0.032%
₹ 3.7b
Bhavesh Zaveri
Group Head of Operations1.4yrsno data0.0022%
₹ 253.4m
Srinivasan Ranganathan
Executive Whole-Time Directorno datano datano data
Vedanthachari Rangan
Executive Whole-Time Directorless than a yearno datano data
Renu Karnad
Non-Executive Non Independent Director4.1yrs₹5.40m0.0078%
₹ 898.9m
Keki Mistry
Additional Non-Executive Non-Independent Directorless than a year₹1.00m0.000010%
₹ 1.1m
Atanu Chakraborty
Chairman2.9yrs₹8.40mno data
Mavinakere Ranganath
Independent Non-Executive Director5.3yrs₹7.90mno data
Sandeep Parekh
Independent Non-Executive Director5.3yrs₹9.00mno data
Lily Vadera
Independent Director2.4yrs₹4.90mno data
Sunita Maheshwari
Independent Director3.1yrs₹4.80mno data

2.9yrs

Average Tenure

60yo

Average Age

Experienced Board: HDFCBANK's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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