mumbai the hdfc bank board in its meeting on april 18 is likely to look at candidates who could be the possible successor for md ceo aditya puri whose term comes to an end in october 2020the names of the candidates are however unlikely to be announced as these have to be first approved by the reserve bank of india rbi the internal candidates who are speculated to be the contenders are shashidhar jagdishan chief finance officer bhavesh zaveri group head of operations and kaizad bharucha executive director who oversees wholesale banking executive search firm egon zehnder has provided the board recommendations on external candidatesin november 2019 hdfc bank board had cleared jagdishan and bharuch as executive directors however earlier this month the rbi had asked the bank to wait until the appointment of a new ceo before any board appointmentslast month the bank had informed the stock exchange that it will meet on april 18 to consider the audited financial results for 201920 and recommendation of dividend if any sources said the board is also likely to look at the recommendations of the candidates put forward by the nomination and remuneration committee of the board unlike other companies that are not working because of the lockdown banks have to continue their operations as they are classified as essential servicesaddressing the media in march puri had said that the search committee along the line had decided to look outside also in case there was an exceptional candidate though there were strong internal candidates all that has been done the recommendations are with the search committee and soon the appropriate person who will take the bank into the future will be announced