Paresh Sukthankar resigned from HDFC Bank's deputy managing director position On August 11, 2018, Paresh Sukthankar, deputy managing director of HDFC Bank resigned from his post. i. He will be serving the 90-day notice period, effective from August 10. ii. The 55-year-old deputy managing director has worked at HDFC Bank since its inception in 1994. iii .He was appointed to the post of deputy managing director in March 2017. iv. Currently, he is overseeing the banks' credit and risk management departments and finance and human resources. v. Prior to joining HDFC Bank, he was at Citibank for nine years. vi. He is a management graduate from Harvard Business School, and has served a member of various RBI Committees and committees of the Indian Banks' Association. vii. He was recently appointed to an RBI Committee for a medium-term action plan for improving financial inclusion. viii.