CEOs of India's largest private banks seek successors as their terms near end
HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and IDFC First Bank are set for CEO succession decisions by end-2027. ICICI Bank's Sandeep Bakhshi and HDFC Bank's Sashidhar Jagdishan current terms end in October, while Axis Bank and IDFC First Bank chiefs' tenures end in 2027, requiring regulatory approval for extensions. RBI is nudging banks to strengthen succession planning.