Mr. Vibhash Naik, Chief Human Resource Officer (CHRO) of HDFC Life Insurance Company Limited, will be transitioning to the role of CHRO at HDFC Bank Limited. His resignation from HDFC Life has been accepted, effective November 28, 2025. The company has initiated its succession planning process and is evaluating suitable alternatives to ensure a smooth transition.
Senior Management Change
Vibhash Naik, the Chief Human Resource Officer (CHRO) at HDFC Life Insurance Company Limited, is set to take on a new role as the CHRO of HDFC Bank Limited. This transition is due to a transfer of his employment to the bank.
Resignation and Acceptance
Mr. Naik tendered his resignation from his position at HDFC Life, which was accepted by the Company on November 28, 2025.
Company’s Response
HDFC Life acknowledges Mr. Naik’s dedicated service and expresses its sincere appreciation for his contributions during his tenure.
Succession Planning
The Company has commenced its succession planning process to find a suitable replacement. It is currently evaluating various alternatives to ensure a smooth transition. Further updates will be communicated in accordance with regulatory requirements.
Transition Details
Mr. Naik’s last day with HDFC Life is expected to be on January 30, 2026, or earlier, subject to mutual agreement.
Source: BSE
