Paresh Sukthankar resigns as HDFC Bank's deputy managing director

A management graduate from Harvard, Sukthankar has been a member of various RBI committees

HDFC Bank’s Paresh Sukthankar has resigned from the board of the country’s largest private sector bank. He will vacate the post of deputy managing director. 

Sukthankar has been with HDFC Bank since its inception in 1994. Currently, he is overseeing the banks’ credit and risk management departments as well as finance and human resources.  

He was appointed to the post of deputy managing director in March 2017. He will be serving the 90-day notice period, effective from August 10. 

Deepak Parekh, chairman of HDFC, said: “He has done a remarkable job. He felt he should step down for personal reasons after working for