Vijay Mulbagal

Group Executive and Head - Wholesale Bank Coverage & Sustainability

As Group Executive and Head of Wholesale Bank Coverage & Sustainability, Vijay Mulbagal leads the bank’s relationships across conglomerates, large corporates, mid-corporates, emerging enterprises, PSUs, MNCs, Institutional clients & Government entities, while also steering its CSR and Sustainability agenda. In his current role, Vijay is responsible for driving profitable growth across the bank’s wholesale portfolio, deepening strategic client relationships, and championing cross-functional collaboration to deliver integrated financial solutions.  Simultaneously, he leads the CSR & Sustainability mandate across the institution, embedding responsible finance principles and aligning the bank’s strategy with evolving global sustainability standards, as well as driving community impact through strategic CSR initiatives.  

 Vijay has more than 25 years of experience in the banking industry. He had a long and distinguished career at HDFC Bank, with his most recent assignment being Group Head – Large Corporates & Supply Chain Finance, where he led coverage for Conglomerates & Large Corporates. He had re-imagined Supply Chain Finance at HDFC Bank via building end-to-end Digital Stack, Products, Processes, and Fintech Partnerships. He led several digital transformation-related interventions on the wholesale banking front, redefining Customer Engagement and Employee Experience. He has chaired steering committees on transformation projects and driven broad adoption of digital interventions across geographies to realize benefits, boost incomes and reduce costs. 

Vijay is a Postgraduate in Management from ISB Hyderabad.