HDFC Bank has appointed Rajiv Kumar as its new part-time chairman, replacing Atanu Chakraborty, who resigned from the role earlier this year.
The board approved the appointment, which takes effect on June 30, 2026, for a four-year term.
Kumar will also serve as an additional director.
Kumar brings a distinguished public-sector background to the role, having retired as India's Finance Secretary in February 2020 before serving as the country's 25th Chief Election Commissioner.
His selection signals a move toward a high-profile, independent figure to stabilize the bank's governance structure.
The appointment comes in the wake of significant turmoil at the lender.