If you want to have good governance, you cannot be in a yes-sir mode: Sashidhar Jagdishan HDFC Bank’s MD & CEO, Sashidhar Jagdishan, emphasized the importance of transparency and accountability in corporate governance, stating that the bank will convene multiple board meetings over the next month to review past decisions and address gaps. Jagdishan acknowledged that the recent resignation of Atanu Chakraborty as chairman, citing “values and ethics,” was an unexpected challenge that required a thorough examination of the bank’s processes and practices. He stressed that the bank would take a proactive approach to rectify any shortcomings and ensure strict adherence to ethical standards. Jagdishan described the situation as a “ghost” that emerged unexpectedly during Chakraborty’s tenure as chairman, which lasted five and a half years. He explained that when the issue of Chakraborty’s resignation was raised on March 18, the chairman refused to engage in a dialogue, insisting that he had no concerns to share. This refusal to address the matter openly created a rift, and Jagdishan noted that the damage caused by the resignation was already done. He expressed hope that Chakraborty’s subsequent statement, which downplayed the significance of his resignation, would not lead to new issues, as many existing concerns had already been addressed. The bank’s response to the resignation included a commitment to “act ruthlessly” against misconduct and tighten internal controls. Jagdishan highlighted that the board would re-examine past decisions, evaluate action points, and identify areas for improvement. He emphasized that the bank’s focus would be on restoring trust and ensuring that all stakeholders, including the board and management, were aligned in its governance practices.#board_meetings #hdfc_bank #atanu_chakraborty #sashidhar_jagdishan #corporate_governance
The Best Laptop Tote Bags to Buy (2026), WIRED-Tested and Reviewed From travel days to board meetings, these laptop totes are designed to protect your valuables, and then some. #Buy #Laptop #board_meetings #Tote_Bags #Laptop_Tote #travel_days
Doha to host ICC board meetings in MarchThe ICC statement mentioned that since 2020, overall participation in cricket in Qatar has grown by 447 per cent, reflecting the world body’s growing engagement with the sport in the Middle Eastern nation. The ICC statement mentioned that since 2020, overall participation in cricket in Qatar has grown by 447 per cent, reflecting the world body’s growing engagement with the sport in the Middle Eastern nation. #Middle_Eastern #Eastern_nation #ICC_statement #statement_mentioned #world_body #growing_engagement #host_ICC #ICC_board #MarchThe_ICC #board_meetings
