Vedantam Saikia
Senior Vice President, Cluster Head, HDFC Bank
Bengaluru
Summary
Dynamic and results-driven professional with over 19 years of experience, recognized as a key performer at HDFC Bank. Demonstrates expertise in driving business growth, cultivating strong customer relationships, and managing Ultra HNI client portfolios while consistently achieving ambitious targets. Committed to operational excellence in branch banking through innovative strategies that enhance business pursuits. Compassionate leader dedicated to fostering high-performing teams that thrive in challenging environments.
Overview
19
19
years of professional experience
3
3
Certifications
4
4
Languages
Work History
Cluster Head
HDFC Bank
04.2018 - Current
- Got promoted as Senior Vice President in Dec 2022 and earlier as Vice President in Dec 2018.
- Handling the Largest Cluster in South region (Karnataka & Kerala) with a liability book of Rs 15,256 crs (154 staff).
- Cluster book grown by Rs 11000 crs in a span of 4.5 years since April 2021 despite Covid impact with majority of Tech Park branches in the Cluster having work from home situation.
- Acquired the biggest ever government state mandate of Directorate of Municipal administration – maintaining a balance of Rs 1100 crs with an inflow of Rs 800 crs every year for 5 years / PhonePe (1100 crs) / Newspace India Limited (part of ISRO) – 400 crs
- Trade Forex income targets for FY23-24 completed 3 months in advance.
- FY22-23: Liability book growth of 3200 crs and a wholesale Asset book growth of Rs 1200 crs.
Branch Head
HDFC Bank
05.2015 - 04.2018
- Got promoted as Deputy Vice President, HDFC Bank as on Oct 2015.
- MG Road branch catapulted as the Top Branch Pan India in terms of Trade Forex business with an annual Income more than Rs 10 crores for FY 16-17 as on date – First branch nationally to reach that figure till date ever.
- MG Road branch ranked No 1 – Pan India on Net to Bank Trade customer acquisition with 4396% year on year growth.
- MG Road branch ranked the No 1 Pan India with sourcing of Business Banking – Working capital / Term loan business - Rs 546 crs as on date.
- MG Road branch ranked the No 1 Pan India on LI values – Rs 5.7 crs of Premium mobilization as on date.
- FY 16-17 – Total of 10 MDRT Qualifiers from the Branch – 7 for Florida, USA and 3 for Bangkok.
- FY 15-16 - Only Branch Pan India to have 2 MDRT Qualifiers – Vancouver, Canada – 1 Qualifier basis full slab.
- Branch ranked No 1 in South on Current Account number acquisition.
Branch Head
HDFC Bank
09.2010 - 05.2015
- Got promoted as Asst Vice President, HDFC Bank as on March 2012.
- Branch ranked 3rd fastest Profitable branch – Pan India.
- Ensured Branch break even in a span of 6 months as against targeted 3 years – 100 Feet Road; one of the highest rental value properties of HDFC Bank in Bengaluru.
- Branch achieved Profits of Rs 7.85 crores since Launch – The fastest to have achieved this figure among similar Branches launched in Bengaluru during the same time.
- Superlative business performance across Assets, Liabilities and Investments.
- Only Branch Pan India to have qualified for the coveted (MD Inner Circle); been graced by Aditya Puri (then MD) – 3 times in a row since Launch. The award ceremonies were held in Paris, Rome and Budapest.
- Qualified for Foreign Trips to Greece, Germany, and Australian on account of superlative business performance.
- Been rated as the Tier 1 performer for the entire 8 Years+ stint with HDFC Bank.
Imperia Relationship Manager
HDFC Bank
10.2008 - 09.2010
- Handled the Imperia portfolio (Super HNI segment).
- Portfolio – Liability size grown from Rs 33 crs to Rs 82 crs in a span of 1.5 year in a difficult business environment and a new business terrain.
- Achieved Income of Rs 1.28 crs and Month on Month Income parameters achieved.
- Won several Foreign trips to Cyprus, New Zealand, Bangkok, Mauritius for Insurance performance.
- Was rated Key Performer rating (Highest) for the business performance for financial year 2008-09.
Preferred Relationship Manager
HDFC Bank
04.2006 - 10.2008
- Handled the oldest and the biggest portfolio of Rs 1193 crs of Preferred (High Net Worth) clients of HDFC Bank in Hyderabad.
- Portfolio liability base grown from Rs 50 crs at the time of portfolio takeover to Rs 1193 crs as of 30th Sep 2008.
- Good Understanding of the financial products and processes of the Bank.
- Handled products like Business Banking, Forex, Trade Finance, Investments, Cash Management, Portfolio Management in lieu of the Current accounts handled as a part of the Preferred Base.
- Rated Key Performer (Highest) for the business performance for financial year 2007-08.
Education
Master's in Business Administration (MBA) - Finance
ICFAI Business School
Hyderabad2006
Bachelor in Engineering - Production
BVM Engineering College
Vallabh Vidyanagar, Gujarat2002
AISSCE (Science) -
CRPF Central School
Guwahati, Assam2000
HSCE -
Guwahati Public School
Guwahati, Assam1998
Accomplishments
FY24-25: SC
FY23-24: EC
FY22-23: EC
FY21-22: EC
FY20-21: SC
Certification
NCFM Certification Capital Markets, Derivatives, Mutual Fund – Basic / Advisory Module
Timeline
Cluster Head
HDFC Bank
04.2018 - Current
Branch Head
HDFC Bank
05.2015 - 04.2018
Branch Head
HDFC Bank
09.2010 - 05.2015
Imperia Relationship Manager
HDFC Bank
10.2008 - 09.2010
Preferred Relationship Manager
HDFC Bank
04.2006 - 10.2008
Master's in Business Administration (MBA) - Finance
ICFAI Business School
Bachelor in Engineering - Production
BVM Engineering College
AISSCE (Science) -
CRPF Central School
HSCE -
Guwahati Public School
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