In a notable leadership shift at HDFC Bank, Atanu Chakraborty has tendered his resignation as Part-time Chairman and Independent Director with immediate effect, citing reasons outlined in his resignation letter. The bank confirms there are no other disclosed reasons beyond those stated, and Chakraborty does not hold directorships in any other company. The Board of Directors has conveyed its appreciation for Chakraborty’s contributions during his tenure and extends best wishes for his future endeavours.
To ensure a smooth transition, the Reserve Bank of India approved the appointment of Keki Mistry as interim Part-time Chairman of the bank, with effect from March 19, 2026, for a period of three months. The appointment follows the bank’s application and aligns with its governance continuity plans as it navigates the interim phase.
The arrangement signals a purposeful, short-term continuity plan at the top echelons, with Mistry stepping in to steward the board through the interim period while longer-term leadership arrangements are considered. Chakraborty’s departure and Mistry’s interim role underscore HDFC Bank’s emphasis on stable governance and ongoing strategic focus during a period of transition.