REG - HDFC Bank Limited - Appointment-Chief of Internal Vigilance

HDFC BankAnnouncement

01/11/2023 13:45

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RNS Number : 0801S  HDFC Bank Limited  01 November 2023

CIN: L65920MH1994PLC080618                           HDFC Bank
Limited,

 Email: shareholder.grievances@hdfcbank.com      Zenith House,

 Website: www.hdfcbank.com (http://www.hdfcbank.com/)
(http://www.hdfcbank.com/)                            Opp. Race
Course Gate no. 5 & 6,

                                                    Keshavrao Khadye Marg,

                                                    Mahalaxmi, Mumbai- 400034

                                                       Tel.: 022 - 3976 0000 / 07 / 12

 November 1, 2023

                                                    National Stock Exchange of India Limited

 BSE Limited                                        The Listing Department

 Dept of Corporate Services                         Exchange Plaza

 Phiroze Jeejeebhoy Towers,                         Bandra Kurla Complex,

 Dalal Street, Fort,                                Mumbai 400 051

 Mumbai 400 001

                                                    Scrip Symbol: HDFCBANK

 Scrip Code: 500180

 

Dear Sir / Madam,

 

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 ("the Listing Regulations") -
Appointment of Chief of Internal Vigilance of HDFC Bank Limited ("the Bank")

 

We wish to inform you that based on the recommendations of the Audit Committee
and the Nomination and Remuneration Committee, the Board of Directors of the
Bank, vide circular resolution passed today at 12:02 p.m. (IST), has approved
the appointment of Mr. Sachin Suryakant Rane as the Chief of Internal
Vigilance ("CIV") of the Bank for a period of 3 (three) years, with effect
from November 1, 2023 to October 31, 2026, as per the provisions of the
Banking Regulation Act, 1949 and pursuant to the circular issued by the
Reserve Bank of India on Internal Vigilance in Private Sector/foreign Banks
dated May 26, 2011, in place of Mr. Prasun Singh, since his tenure as CIV of
the Bank ended on October 31, 2023.

 

The Bank places on record its sincere appreciation for the contribution made
by Mr. Prasun Singh during his tenure as CIV.

 

A brief profile of Mr. Rane is attached herewith as Annexure-I.

 

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

 

 

Yours truly,

 

For HDFC Bank Limited

 

 

Santosh Haldankar

Company Secretary

 

Encl: a/a

 

 

 

 

 

 

 

Annexure I - Brief Profile of Mr. Sachin Suryakant Rane

 

Mr. Sachin Suryakant Rane is an accomplished law enforcement professional with
over three decades of experience in managing fraud and financial crimes
investigations. Over the years, he has handled several security setups as well
as matters involving criminal offences both at the national as well as
international level.

 

He is a B.Com. from Mumbai University and a graduate of the Maharashtra Police
Academy. In his last role before joining the Bank, he was the Senior Police
Inspector and O.I.C. of Legal Cell, Airport Branch (Immigration).

 

After his joining the Bank as Deputy CIV on March 20, 2023, the Bank has
ensured his proper acclimatization and awareness with the requirement and
expectation of CIV's job profile to ensure his induction in the present role
and for enabling a smooth transition.

 

Mr. Rane possesses the competencies, experience and qualities required for the
Chief of Internal Vigilance of the Bank.

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