The Journey of Aditya Puri – The Highest Paid CEO of an Indian Bank
Aditya Puri is a renowned Indian businessman and a Chartered Accountant by profession. He is the ex MD & CEO of India's largest private sector bank, HDFC Bank. Puri took this position in 1994 with a vision to create a 'World Class Indian Bank,' and he is the longest-serving head of any private bank in India. He also got ranked at 24 in India's 50 Most Powerful People in 2017 by India Today Magazine. Puri was also one of the highest-paid CEOs of all time of any Indian bank. Let us delve into this article to read the success story of this remarkable man.
Aditya Puri – Key Highlights
- Name - Aditya Puri
- Place Of Birth - Gurdaspur,Panjab
- Qualification - B.Com Honors, Chartered Accountant of India
- Profession - Ex-CEO and MD
- Organization – Carlyle Group
- Marital Status - Married
- Children - Amrita Puri, Amit Puri
Aditya Puri – Early life and Education
Aditya Puri was born in Gurdaspur district, Punjab, India, and completed his bachelor's degree in B.com Hons from Punjab University, Chandigarh. Puri is also a qualified Chartered Accountant from ICAI (Institute of Chartered Accountants of India).
Puri was a brilliant child from his childhood, and he qualified for one of the toughest exams in the world to become a successful businessman.
Aditya Puri – Personal Life
Aditya married Anita Puri, and the couple has two children. His daughter, Amrita Puri, is a well-known Bollywood actress, and his son Amit Puri is a businessman.
Aditya's uncle, Bharat Puri, is the present MD of Pidilite Industries and ex CMD of Cadbury India
Aditya Puri – Career Timeline
- Banking Sector – Aditya started his professional career by working in the banking sector. He has worked in this for more than 40 years, India and other countries as well. Puri became CEO of Citibank, Malaysia, in 1992, and he returned to India in994 as MD of HDFC Bank.
- HDFC's MD & CEO – Aditya, worked in HDFC for almost 26 years (from 1994 to 2020)and took several crucial decisions during his tenure. Puri also presided over HDFC's acquisitions of Centurion Bank of Punjab in 2008 and Times Bank Ltd. in 2000. Puri was also one of the most highly paid CEOs of an Indian bank with a monthly salary of US $120,000 (Rs. 89 lakh). Puri stepped down from his position on 26 October 2020, and Sashidhar Jagddishn became the new CEO of the HDFC Bank.
- Biopharma Company – After stepping down from his position in 2020, Puri became an Advisor for the biopharma company Strides Group and served as a Director of its associate company, Stelis Biopharma.
Aditya Puri – Awards and Achievements
Puri is the recipient of over 20 awards in his entire professional career. Some of the awards and achievements won by Aditya Puri are as follows:
- CNN-IBN Indian Businessman of the Year – By CNN-IBN, 2008
- Best Executive in India – By Asia Money Best Banker, 2013
- Banker of the Year – Business Standard, 2013
- Best CEO – Institutional Investor, 2013
- Top Achiever –By Sunday Standard Best Banker Awards, 2013
- Best Executive in India – By Asia Money Best Banker, 2013
- Best CEO Award – By Business Today, 2015
- Business Leader of the Year – By AIMA Managing India Awards, 2015
- World's 30 Best CEOs – By Barron's, 2015
- Best CEO – By Finance Asia Poll on Asia's Best Companies, 2015
- The only Indian to feature in Fortune's Businessperson of the Year List – By Fortune Magazine, 2016
- Best CEO – By Institutional Investor All-Asia Executive Team Ranking, 2016
- Outstanding Business Leader of the Year – By CNBC-TV18 India Business Leader Awards (IBLA), 2016
- FE Lifetime Achievement Award – By Financial Express, 2016
- Barron's World's Top 30 CEOs – By Barron, 2016
- Barron's Top 30 Global CEOs – By Barron, 2018
- Best CEOs in the World – By CEOWORLD Magazine, 2018
- QIMPRO Platinum Standard Awards – By National Statesman for Quality in Business, 2019
- Corporate and Philanthropic Leadership Award – By American Indian Foundation, 2019
- AIMA – By JRD TATA Corporate Leadership Award, 2019
- Institute of Chartered Accountants of Hall of Fame – By Institute of Chartered Accountant of India, 2020
Aditya Puri – The Talented CA
Aditya Puri is a few people who became a businessman and led an Indian bank after completing his Chartered Accountancy. He is a brilliant man with extraordinary skills who has always had a keen interest in the business. He led India's largest private bank and brought it to the top. Puri is an inspiration for all those people who dream of achieving something significant in their future.
