General Announcement::Re-appointment of Chief Risk Officer of HDFC Bank Limited

Issuer & Securities

Issuer/ Manager
HDFC BANK LIMITED
Securities
HDFCBANK INR23B 8.1%N250322 - XS1794215696 - 8NPB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
25-Aug-2023 19:42:02
Status
New
Announcement Sub Title
Re-appointment of Chief Risk Officer of HDFC Bank Limited
Announcement Reference
SG230825OTHRIQ5P
Submitted By (Co./ Ind. Name)
Dhanjit Thaivalappil
Designation
Deputy Vice President
Description (Please provide a detailed description of the event in the box below)
We wish to inform you that the Board of Directors of the Bank, at its meeting held today, has approved the re-appointment of Mr. Sanmoy Chakrabarti as the Chief Risk Officer (CRO) of the Bank, for a further period of 5 (five) years, with effect from December 14, 2023 to December 13, 2028.

A brief profile of Mr. Chakrabarti is as given below:

Mr Sanmoy Chakrabarti, as the Chief Risk Officer of the Bank, is responsible for determining the comprehensive risk appetite (covering Credit Risk, Market Risk, Operational Risk, Liquidity Risk, etc.) across various banking segments. Additionally, Mr Chakrabarti oversees the Enterprise Risk Management framework in the Bank and guides the formulations of policies and procedures for Internal Capital Adequacy Assessment Process, Stress Testing methodology, and Group Risk Management. He is also responsible for identifying and managing any emerging risk having material impact on Bank s activities.

Mr Chakrabarti is a member of the Indian Banks Association (IBA) Standing Committee on Risk Management and Basel Implementation. Mr Chakrabarti holds M.S. in Quantitative Economics from Indian Statistical Institute.

You are requested to kindly take the above on your record.

Attachments

SGXCRO appointment 25aug2023.pdf
Total size =507K