May 31 2018: Aditya Puri, Managing Director of HDFC Bank Ltd., has been named in the Barron’s list of Top 30 Global CEOs.
The international publication has included Puri in this prestigious list for the third consecutive year.
In its 14th edition, the list of the world’s best CEOs includes Jeff Bezos of Amazon; Warren Buffett of Berkshire Hathaway; Jamie Dimon of JPMorgan Chase; Larry Page of Alphabet; Mr. Reed Hastings of Netflix; Satya Nadella of Microsoft; andMark Zuckerberg of Facebook.
This year, the magazine divided the CEOs into three categories: Visionary Founders, Growth Leaders, and Turnaround Experts. Puri has been featured in the Growth Leaders category.
Highlighting growth under Puri’s leadership, the magazine writes: “He turned a start-up into a banking giant, and helped bring Indians into the modern financial era. Even after 24 years at the helm, Puri, 67, elicits effusive praise from investors, with descriptions ranging from “one of the most impressive CEOs we have come across” to a “great man who has built a great bank.” The career banker methodically built a start-up into India’s second-largest private-sector bank by market value. He reliably minted money by serving the country’s burgeoning middle class, and avoided pitfalls like the bad corporate loans and governance scandals now tripping up rivals. Although Puri shuns personal electronic devices and email, he has embraced technology at the bank, using it to tap the country’s millions of unbanked citizens.