
Rahul Shyam Shukla Steps Down As Group Head Of Corporate & Business Banking Of HDFC Bank
Rahul Shyam Shukla, Group Head of Corporate & Business Banking and a Senior Management Personnel (SMP) of HDFC Bank Limited, has resigned with effect from October 1, 2025, due to personal reasons.
Shukla started his career with Citibank in 1991. He held roles across investment banking, corporate finance, and capital markets in India, Singapore, and Hong Kong until June 2010, when he returned to India. As Head of Corporate Bank of South Asia, he managed large corporates, financial institutions, public sector undertakings, and MNCs across India, Bangladesh, and Sri Lanka. He also served on Citibank’s Global Corporate Banking Operating Committee, contributing to strategic decisions and governance at a global level. Shukla holds a B.Tech in Electrical Engineering from IIT Varanasi and an MBA from IIM Bengaluru.