Economic TimesLean R·
So, who gets the key when the CEO deboards?
HDFC Bank seems to have encountered an unusual problem: a CEO announces his exit faster than a board can find his replacement. With the Subhash Chandra verdict still reverberating and the bank taking a bruising, Sashidhar Jagdishan’s decision not to seek another term seems to have sent the board scurrying into an unscheduled meeting to persuade him to stay. Which raises an impolite governance question, “Was the succession plan actually a plan — or merely a document waiting for a crisis to give …
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