Mr. Ajay Agarwal

Mr. Agarwal is the Company Secretary and Group Head - Secretarial and Group Oversight functions at HDFC Bank Limited. He is a seasoned company secretary and governance professional with over 27 years of experience. He has a proven record of managing complex transactions including some high-value merger and acquisitions and corporate restructurings. Mr. Agarwal is an expert in corporate & securities law, corporate governance and legal & regulatory compliance.

Mr. Agarwal is also the compliance officer under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI (Prohibition of Insider Trading) Regulations, 2015. The Group Oversight function enables the Bank to have an effective oversight on its subsidiary companies which include HDFC Life, HDFC AMC, HDB Financial Services HDFC ERGO, HDFC Securities, HDFC Capital Advisors, amongst others to meet the regulatory requirements and expectations.

Mr. Agarwal was the Company Secretary and key managerial person of erstwhile Housing Development Finance Corporation Limited (Corporation) since March 2015 and was associated with the Corporation for 23 years till its merger with HDFC Bank. He had played a pivotal role in the merger of the Corporation with and into HDFC Bank Limited and was part of the integration committee which ensured a smooth transition.

Mr. Agarwal is a Fellow Member of the Institute of Company Secretaries of India. He has been a member of the CII National Committee on Regulatory Affairs since 2018-19 and was a member of CII Task Force Working Group – Decriminalization of Business Laws. He was a member of CII Corporate Governance Council for the years 2020-21 to 2022-23. He is also a member of certain working groups/ committees set up by SEBI.

Mr. Ajay Agarwal is a nominee of HDFC Bank on the Board of HDFC Plc., Maldives and First Housing Finance (Tanzania) Limited.