aditya puri: HDFC Financial institution has been an outlier underneath Aditya Puri. Right here’s why his successor could have a more durable job.

Aditya Puri, managing director, HDFC Financial institution, at his workplace in Mumbai.

Synopsis

The credit score for HDFC Financial institution’s outperformance ought to primarily go to its well-knit administration group — the lender’s greatest intangible asset, which can also be the envy of its rivals. However with the approaching change of guard at its helm, the financial institution is headed for difficult occasions, as sustaining the expansion momentum within the post-pandemic world can be a tall order.

October 2020 will mark the tip of an period at HDFC Financial institution. As Aditya Puri steps down because the lender’s managing director and CEO after spending 1 / 4 of a century at its helm, all eyes can be on his successor. Certainly, the brand new CEO could have some massive sneakers to fill. From a humble starting within the mid-1990s following the Reserve Financial institution of India’s (RBI) coverage for liberalisation of India’s banking sector, HDFC Financial institution has come a good distance underneath Puri’s

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