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HDFC Bank chair Atanu Chakraborty's resignation followed CEO power tussle: Report

Chakraborty had opposed extending Sashidhar Jagdishan's tenure, but a majority of the board favoured it, the report said

Atanu Chakraborty TTO graphics

Reuters
Published 27.03.26, 11:42 AM

The resignation of HDFC Bank's former chairman Atanu Chakraborty last week stemmed from a power struggle with chief executive Sashidhar Jagdishan, the Financial Times reported on Friday, citing sources.

Chakraborty had opposed extending Jagdishan's tenure, but a majority of the board favoured it, the report said.

Reuters could not immediately verify the report.

HDFC Bank
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