Aditya Puri Explained

Aditya Puri
Birth Place:Gurdaspur, Punjab
Citizenship:Indian
Occupation:Advisor and Director
Organization:Carlyle Group and Strides Group
Children:Amrita Puri, Amit Puri

Aditya Puri is a senior advisor at The Carlyle Group. He was the managing director of HDFC Bank, India's largest private sector bank.[1] [2] He assumed this position in September 1994.[3] Puri was the longest-serving head of any private bank in the country.[4] India Today ranked him at #24 in India's 50 Most Powerful People of 2017 list.[5]

Biography

Aditya Puri was born in Gurdaspur District (Punjab) and studied at Punjab University, Chandigarh, gaining a bachelor's degree in Commerce. He qualified as a Chartered Accountant with the Institute of Chartered Accountants of India.

Career

He has worked in the banking sector for 40 years, in India and other countries. He became CEO of Citibank, Malaysia in 1992. In September 1994 he returned to India as managing director of HDFC Bank.[1] [6]

He presided over HDFC's acquisitions of Times Bank Limited in 2000 and of Centurion Bank of Punjab in 2010.[1] [7]

In August 2019 he was reported to be the most highly paid CEO of any Indian bank with a monthly salary of .[8]

He officially stepped down from his position in HDFC Bank on 26 October 2020. Sashidhar Jagdishan took charge as the chief executive officer (CEO) of HDFC Bank from 27 October 2020.[9] In January 2021, he joined the biopharma company Strides Group as Advisor and will also serve as a Director of its associate company, Stelis Biopharma.[10] [11] He recently joined Deloitte India as a Senior advisor in 4th October 2023.

Awards and honours

2020

2019

2018

2016

2015

2013

2008

Personal life

He is the father of actress Amrita Puri and son Amit Puri.[22] He is cousin of Bharat Puri MD of Pidilite Industries and Ex CMD of Cadbury India.

Notes and References

  1. Web site: Profiles of Directors. HDFC Bank . 19 September 2014.
  2. Web site: HDFC Bank on the Forbes Asia's Fab 50 Companies List . Forbes . 28 August 2013 . 29 November 2013.
  3. Web site: HDFC tops Forbes' list of best Indian banks, SBI not even in top 10. 27 June 2019. businesstoday.in.
  4. Web site: Raghunathan. Anu. HDFC Bank's Aditya Puri Has Created India's Most Valuable Bank. Forbes. 9 December 2016. 22 July 2015.
  5. News: India's 50 powerful people. India Today. 14 April 2017.
  6. Web site: Shukla. Saloni. Succession plan for HDFC Bank in place, says Aditya Puri. The Economic Times. 9 December 2016.
  7. Web site: CBoP and Times Bank Amalgamation . HDFC Bank . 19 September 2014 . dead . https://web.archive.org/web/20140913165147/http://www.hdfcbank.com/aboutus/general/timesbank_amalgamation.htm . 13 September 2014 .
  8. Web site: Aditya Puri remains top-paid bank CEO. The Economic Times. 14 August 2019.
  9. Web site: Ray. Anulekha. 2020-10-17. Meet Sashidhar Jagdishan, new CEO of HDFC Bank who will take charge this month. 2020-12-22. mint. en.
  10. Web site: Aditya Puri, former MD of HDFC Bank, joins Strides Group as advisor. 2021-03-24. @businessline. en.
  11. Web site: Former HDFC Bank MD Aditya Puri joins biopharma company Strides as advisor. 2021-03-24. www.businesstoday.in.
  12. News: American India Foundation honours Dell CEO, HDFC MD. IANS. 26 April 2019. Business Standard India. 29 June 2019.
  13. Web site: Awards AIMA Jrd Tata Corporate Leadership Award | AIMA. aima.in. 26 June 2019. 25 December 2018. https://web.archive.org/web/20181225202341/https://www.aima.in/conferences-events/awards/aima-jrd-tata-corporate-leadership-award.html. dead.
  14. News: HDFC Bank's Aditya Puri features in Barron's list of top 30 global CEOs. Verma. Swati. 29 May 2018. The Economic Times. 30 June 2019.
  15. Web site: Best CEOs in the World For 2020: Most Influential Chief Executives > CEOWORLD magazine. 16 May 2020.
  16. Web site: HDFC Bank's Aditya Puri only Indian on Fortune's top bizmen list. 18 November 2016. Hindustan Times. en. 26 March 2020.
  17. Web site: Ajita Rajendra and HDFC Bank MD Aditya Puri make it to Fortune list . 30 November 2016.
  18. Web site: Awards-HDFC Bank official website . 30 November 2016.
  19. Web site: Aditya Puri conferred 'Lifetime Achievement Award' by The Financial Express . HDFCBank.com . 11 September 2016.
  20. Web site: HDFC Bank MD Aditya Puri once asked a young manager 'bata laddoo kidhar hai' – Anand Mahindra's interesting anecdote at FE Best Banks Awards. The Financial Express. 9 December 2016.
  21. Web site: CNN-IBN Indian of the Year 2008. 3 February 2009. News18. 1 July 2019.
  22. News: I survived because I am headstrong like my father: Amrita Puri. Gupta. Priya. The Times of India. 19 March 2013. 7 May 2018.

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