Aditya Puri estimated net worth stood at Rs 1300 crores in 2023.
|Birthplace||Gurdaspur, Punjab, India|
|Education||Bachelor’s in Commerce from Punjab University, Chandigarh|
|Professional Designation||Chartered Accountant|
|Career Highlights||CEO of Citibank Malaysia (1992)|
|Joined HDFC Bank in September 1994|
|Led mergers with Times Bank and Centurion Bank|
|Notable Achievements||Transformed banking in India|
|Instrumental in changing the Indian economy forever|
|HDFC Bank merged with its lending arm, becoming the 4th largest bank|
|HDFC Bank under his leadership became the highest valued institution|
|Salary||Highest paid CEO of Indian banks in 2019 (monthly salary: Rs 89 lakh)|
|Retirement||Stepped down as HDFC Bank MD in 2020|
|Financial Performance||HDFC Bank generated 16000% returns under his leadership|
|Net Worth ()||Estimated at Rs 1300 crore|
|Stock Options||Exercised stock options worth Rs 161 crore|
|ESOPs valued at Rs 42 crore (previous year)|
|Shareholding||Sold HDFC shares worth Rs 842.87 crore (0.14% ownership stake)|
Aditya Puri, the individual who revolutionized the banking sector in India, played a significant role in the Malaysian banking industry before deciding to return home.
During 2019 and 2020, Aditya Puri earned a salary of Rs 18.9 crore and additionally received Rs 161 crore from exercising his stock options, with his ESOPs amounting to Rs 42 crore the previous year. Before retiring, he sold HDFC shares worth Rs 842.87 crore, representing a 0.14 percent ownership stake.
In 2020, Aditya Puri stepped down from his position as the Managing Director of HDFC Bank, with Sashidhar Jagdishan taking over as the Chief Executive Officer. Under his leadership, HDFC Bank achieved the status of the most valuable financial institution in India, generating remarkable returns of 16000 percent.
Born in Gurdaspur, Punjab, Aditya Puri pursued a Bachelor’s degree in Commerce at Punjab University, Chandigarh, and subsequently became a chartered accountant. In 1992, he assumed the position of CEO at Citibank Malaysia.
2 years later, he joined HDFC Bank, which was a startup at the time. During his tenure, he played a pivotal role in orchestrating the bank’s mergers with Times Bank and Centurion Bank. In 2019, he held the distinction of being the highest-paid CEO among Indian banks, receiving a monthly salary of Rs 89 lakh.
In September 1994, he joined HDFC and served there until his retirement in 2020. His contributions during this time had a profound and lasting impact on the Indian economy. Following the merger with its lending arm, HDFC Bank is now recognized as the world’s fourth-largest bank in terms of market value.