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Two Pvt Bank CEOs ineligible for re-appointment next year ?

Both Chief Executive Officer of HDFC Bank Aditya Puri and CEO of IndusInd Bank Romesh Sobti will be aged 70 years in 2020 which is the official retirement age prescribed by the regulator. They will, thus, not be eligible for re-appointment after their term ends. Ramesh Sobti’s term ends in Mar

By Whispers in the Corridors 1 min read
Two Pvt Bank CEOs ineligible for re-appointment next year ?

Both Chief Executive Officer of HDFC Bank Aditya Puri and CEO of IndusInd Bank Romesh Sobti will be aged 70 years in 2020 which is the official retirement age prescribed by the regulator. They will, thus, not be eligible for re-appointment after their term ends. Ramesh Sobti’s term ends in March 2020 and Aditya Puri’s term ends in October 2020.

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