HDFC Bank has appointed Puneet Sharma as its new Chief Financial Officer, with the board approving the move on June 29, 2026.
Sharma will initially join the lender as CFO-designate starting September 1, 2026, to facilitate a transition period before assuming full responsibilities.
The appointment confirms his exit from Axis Bank, where he previously served in a senior financial leadership role.
The hiring represents a notable shift in the executive landscape of India's largest private lender.
By bringing in an executive with deep experience at a major competitor, HDFC Bank signals a focus on strengthening its financial management and strategic oversight.
The staggered start date allows for a structured handover, ensuring continuity in the bank's financial operations during the transition.