HDFC Bank has appointed Mr. V. N. Srivatsan as its new Chief Compliance Officer (CCO). The bank’s Board of Directors approved the appointment at its meeting held on September 30, 2026. He will serve as the Chief Compliance Officer for three years from the date he joins the bank.
V. N. Srivatsan to Join in January 2027
Mr. V. N. Srivatsan is expected to join HDFC Bank on January 4, 2027. He will work as a full-time employee of the bank. Until he joins, Mr. Venkateswaran L, who is currently Compliance Head – Credit, Asset Product & Regulatory Reporting, will handle the responsibilities of Chief Compliance Officer.
Rakesh Kumar Rajput Completes His Tenure
Mr. Rakesh Kumar Rajput completed his three-year term as HDFC Bank’s Chief Compliance Officer at the close of business hours on September 30, 2026. He was appointed to the position for a three-year period starting October 1, 2023. However, he will continue to remain a full-time employee of HDFC Bank.
Profile of V. N. Srivatsan
V. N. Srivatsan has around 34 years of professional experience, including about 25 years in the banking, financial services and insurance (BFSI) sector. He has nearly 10 years of direct experience in compliance and regulatory inspection.
He currently works as Head – Compliance: Overseas Banking and Subsidiaries & Data Privacy Officer at ICICI Bank. He has also led Retail Banking Compliance and Regulatory Inspection for more than eight years. His experience includes regulatory compliance, regulatory inspections, and designing and implementing compliance frameworks and policies.
Educational Qualification
Mr. Srivatsan holds a Post Graduate degree in Business Administration from PSG College of Technology and a Bachelor of Technology (B.Tech) degree from Sri Venkateshwara University.
About Rakesh Kumar Rajput
Mr. Rakesh Kumar Rajput had served as HDFC Bank’s Chief Compliance Officer since October 1, 2023. He holds a B.Sc. (Honours) degree, is a Certified Associate of the Indian Institute of Bankers (CAIIB), and has an Advanced Diploma in Business Management.
