HDFC Bank appoints former NABARD chairman Harsh Kumar Bhanwala as director

Bhanwala has been appointed for a period of three consecutive years from January 25, 2024 to January 24, 2027, it said. Currently, Non-Executive Chairman of MCX, Bhanwala also serves as the Director on the boards of IIM Rohtak and Bayer Crop Science Ltd.

The board in its meeting on Monday also approved the appointment of V Srinivasa Rangan as executive director for three years. Image Courtesy: https://www.bayer.in

HDFC Bank on Monday said the board of the bank has approved the appointment of former NABARD chairman Harsh Kumar Bhanwala as an additional independent director.

The board in its meeting on Monday also approved the appointment of V Srinivasa Rangan, chief financial officer of erstwhile Housing Development Finance Corporation Ltd, as executive director for three years with effect from November 23, 2023, HDFC Bank said in a regulatory filing. Both appointments are subject to shareholders' approval, it said.

Bhanwala has been appointed for a period of three consecutive years from January 25, 2024 to January 24, 2027, it said. Currently, Non-Executive Chairman of MCX, Bhanwala also serves as the Director on the boards of IIM Rohtak and Bayer Crop Science Ltd.

TRENDING NOW

Prior to leading National Bank for Agriculture and Rural Development (NABARD), he was the chairman and managing director of the India Infrastructure Finance Company (IIFCL), as per the filing. Rangan has vast experience in housing finance and real estate sector.

Catch the latest stock market updates here. For all other news related to business, politics, tech, sports, and auto, visit Zeebiz.com.

TAGS:

HDFC