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Shyamala Gopinath is chairperson, HDFC Bank

5Former deputy governor of RBI Shyamala Gopinath has been appointed as non-executive chairperson of HDFC Bank.The appointment is for a three-year term and it has been approved by shareholders through a postal ballot, the bank said. The RBI has also approved her appointment with effect from the date she assumes charge as chairperson, the bank added. She will be paid Rs 30 lakh per year and will use the bank’s car for both official as well as private purposes. The bank has been without a chairperson since C.M. Vasudev retired as chairman in August 2014. Gopinath retired as the RBI deputy governor in June 2011 after a 39-year stint at the central bank. She was in charge of financial markets, banking regulation and supervision and foreign exchange management.

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