HDFC Bank appointed former finance secretary Rajiv Kumar as part-time chairman, subject to Reserve Bank of India approval, according to a Monday exchange filing.
The bank also named Kumar an additional independent director, with the chairman role set to run for three years from the date the RBI clears it.
The move fills a leadership gap left months after Atanu Chakraborty’s abrupt resignation, which had raised governance questions at India’s largest private lender.