Aditya Puri says his successor has spent 25 yrs at HDFC Bank

HDFC Bank’s Managing Director and Chief Executive Officer Aditya Puri has said that his preferred successor is an internal candidate who has spent 25 years at the lender. However, he did not name the candidate. “He (the successor) has been with us for 25 years… my successor was always in place, at least in my mind,” Puri told shareholders at the bank’s virtual AGM.

Seeking to assuage concerns on training and business understanding, he also said the candidate has “learnt very well”. It can be noted that Puri has been widely credited with building the bank as the most valued one by investors over nearly 26 years, and who succeeds him at the corner office is the subject of intense interest in banking and industry circles.