He has won many awards including Businessman of the Year 1996, he was […] Two U.S. proxy advisories—Glass Lewis & Co and Institutional Shareholder Services—had asked investors to vote against Parekh and two other board members—former Reserve Bank of India Governor Bimal Jalan and well-known accountant Bansi Mehta—citing the number of directorships they hold, lack of attendance and overall independence of HDFC’s board. Deepak Parekh (born 18 October 1944) is an Indian businessman and the Chairman of Housing Development Finance Corporation, India 's leading housing finance company. Mr Parekh joins two other highly accomplished leaders from the worlds of business and diplomacy, Ravi Bhargava and Naresh Chandra, who were appointed to the India Advisory Board in … July 18, 2013) K. B. Dadiseth Deepak Parekh Jagdish Capoor Shapoor Mistry Nadir Godrej Guy Lindsay Macintyre Crawford Ireena Vittal (appointed w.e.f. He is Non-Executive Chairman of HDFC Ltd, India's premier Housing Finance Institution. This, however, is not going to be an isolated instance, says Robin Banerjee. Housing Development Finance Corporation today said it has re-appointed Deepak S Parekh as the Managing Director of the company with effect … Deepak Parekh has won several awards including Businessman of the Year 1996 from Business India and the JRD Tata Corporate Leadership Award by All India Management Association (AIMA). Mumbai: HDFC chairman Deepak Parekh was reappointed as non-executive director on the board of country’s largest mortgage lender Housing Development Finance … Mr. Parekh is an associate of the Institute of Chartered Accountants of England and Wales. The three members on the new board include Deepak Parekh, chairman of the Housing Development Finance Corp, Kiran Karnik, former president of the National Association of Software and Service Companies, and C. Achuthan, a former tribunal member of the capital market … Board of Trustees Chairman and Members. HDFC Chairman Deepak Parekh has called for a dispensation that will allow housing finance companies to convert loans to existing borrowers by offering them better terms without the loan being classified as ‘restructured’. Mr Parekh has an extensive and highly commended executive career, including serving on the Boards of several Indian and international corporations. Deepak Parekh: HDFC investors voted against me due to directorship in many firms Premium HDFC chairman Deepak Parekh is currently on the … Atul Punj* Chairman. Sultan Ahmed Bin Sulayem Group Chairman and CEO. View the profiles of professionals named "Deepak Parekh" on LinkedIn. Teh Kok Peng. Deepak Parekh was appointed as an Independent Non-Executive Director of the Company on 22 March 2011. Deepak Parekh biography. Director: 13 May 2015. In his annual letter to shareholders, the elder statesman of Indian finance said but for the Reserve Bank of India\'s interventions, the financial system may have been `decimated.\' In a four page letter as part of the mortgage financiers annual report Parekh touched upon recovery from the pandemic, role of regulators and also pointed out some regulatory flaws which need to be ironed out. After Bhopal ruling, chemical cos making toxic materials will find it difficult to get a CEO Deepak Parekh corporate profile, background and performance evaluation including other MahindraMahindra executives Deepak Parekh General Information Description. Mr Parekh joins two other highly accomplished leaders from the worlds of business and diplomacy, Ravi Bhargava and Naresh Chandra, who were appointed to the India Advisory Board in … Board of Directors Deepak S. Parekh Non-Executive Director and Chairman (DIN: 00009078) Keki Mistry Non-Executive Director (DIN: 00008886) Renu S. Karnad Non-Executive Director (DIN: 00008064) N. Keith Skeoch Non-Executive Director (DIN: 00165850) James Aird Non-Executive Director (DIN: 01057384) Mr. Dhruv Kaji Independent Director (DIN: 00192559) Deepak Parekh resigns from Hindustan Oil board . He is based in Mumbai. When HDFC Chairman speaks, India listens – be it the business community or the… View the profiles of professionals named "Deepak Parekh" on LinkedIn. managing director Aditya Puri said his vision for the successor at the most successful lender in the country is aligned with that of HDFC group companies’ elder statesman Deepak Parekh, squelching speculation that they had differences over the succession process. Senior executives representing HDFC Ltd. are also on the Board. Ascendas Pte Ltd. GV Prasad* Co-Chairman and Managing Director. Header info sidebar Search. Deepak Parekh, Chairman of HDFC, was appointed to the Satyam Computer Services Board after its promoter confessed to fraud early this year. Company: Designation: ... Notice of the court or the company law board … Housing Development Finance Corp (HDFC) Chairman Deepak Parekh said on Tuesday that while India’s macroeconomic fundamentals are strong and recovery is underway, weak credit growth remains the key laggard. Director - Medical Services ... Mr. Rajkumar Agarwal: Director - Materials Mr. Manoj Singhal: Jt. Hon Secretary: Administration. Mr Deepak Parekh. He is based in Mumbai. wp.me/p4Zkum-5JK #NonExecs #CorpGov 16.08.2015 12.49.39 ... remuneration and the participation of independent directors on board committees. 6. “In all fairness, Deepak and I have no differences,” Aditya Puri told ET in an interview. He was inducted as a whole-time director of the Corporation in 1985 and subsequently appointed as the Managing Director of the Corporation (designated as 'Chairman') in 1993. Read Bio. In addition to being known for his vociferous views seeking standardization and transparency in the real estate sector, Mr. Parekh played a key role as Special Director on the Satyam Board in 2009 to revive the company and a crucial role during the restructuring of UTI … This, however, is not going to be an isolated instance, says Robin Banerjee. Sanjiv Puri* Chairman & Managing Director. (Photo: Pradip Das/File) The role of foreign proxy advisory firms in the exit of two HDFC directors — Bimal Jalan and Bansi Mehta — and scraping through of HDFC Chairman Deepak Parekh, when resolutions for their re-election as directors were put to vote during the annual general meeting (AGM) of the mortgage … Deepak Parekh. The regulator noted that HDFC Ltd has adopted a Code of … Deepak Parekh was re-appointed as a Non-Executive Director on the board of the country's largest mortgage lender HDFC but nearly 23 percent of the shareholders voted against his continuation.. Deepak Parekh Independent Director Deepak, joined the Board in 1990. Deepak Parekh was re-appointed as a Non-Executive Director on the board of the country's largest mortgage lender HDFC but nearly 23 percent of the shareholders voted against his continuation.. Deepak Parekh Independent Non-Executive Director. Chairman. Deepak Parekh was born on 18th October, 1944 in India. He pursued his Bachelor of Commerce degree from the Sydenham College of Bombay University and acquired a Financial Chartered Accountant degree from England and Wales. At present, he lives in Mumbai. Mr. Deepak S. Parekh (DIN: 00009078) is the Chairman of the Company and its holding company - Housing Development Finance Corporation Limited (HDFC), India’s premier Housing Finance Company. While heading a foreign bank's operations in Malaysia in the early 1990s, Puri got an offer from Deepak Parekh of mortgage major HDFC to come back to India to start a bank in an economy which had shifted gears with liberalisation moves. HDFC Chairman Parekh secured approval of 77.36 per cent shareholders at the annual general meeting (AGM) of the company held here yesterday. He serves as a Director of Steel Authority of India Ltd. Deepak S. Parekh serves as Non-Executive Non-Independent Chairman of the Board of the Company. Mr. Parekh joined the Corporation in a senior management position in 1978. He was inducted as a whole-time director of the Corporation in 1985 and subsequently appointed as the Managing Director of the Corporation (designated as 'Chairman') in 1993. He is an advisory board member of … Robert Woods He is a Non-Executive Chairman on the Board of Canara Bank, an Independent Director on the Board of Directors of Tech Mahindra Limited and was nominated by the Government of India to the Board of Satyam Computer Services Limited where he made significant contribution towards the revival of the erstwhile Mahindra Satyam within a short span of time. Board Of Directors. He serves as Senior Independent Non-Executive Director at DP World. Print. J.J. Irani and Keki Mistry too got reappointment as directors to HDFC's board with more favourable votes. Deepak Parekh is Non-Executive Independent Director of MahindraMahindra. Corporate Social Responsibility Committee*. He is a fellow of The Institute of Chartered Accountants (England & Wales). Updated: December 07, 2011 8:07 pm IST Mr. Arjun Dan Ratnoo. Directors of Eventique Worx Limited are Nita Deepak Parekh, Deepak Kanaiyalal Parekh and Darshit Deepak Parekh. The board of directors of Siemens Ltd on Wednesday unanimously chose Deepak Parekh as chairman. He is a Fellow of The Institute of Chartered Accountants in England and Wales. There are 90+ professionals named "Deepak Parekh", who use LinkedIn to exchange information, ideas, and opportunities. Yuvraj Narayan ... Deepak Parekh Senior Independent Non-Executive Director. Patrice Trovoada Independent Non-Executive Director. View other directorships. MUMBAI: Deepak Parekh, who is on the board of several companies and known for his frank and no-nonsense attitude towards most issues pertaining to … Besides being the Chairman, he is also the unofficial crisis consultant of the Indian Government. The reappointment of Deepak Parekh as a Director at HDFC could not have been by a more laser thin margin. He is also the chairman of our Promoter i.e., HDFC. ITC Limited. He is a on the board of several leading corporations across diverse sectors. HDFC Bank's Board of Directors is comprised of distinguished individuals with a wealth of experience in public policy, administration, industry and commercial banking. Rajendra Pawar* Chairman and Co-Founder. Read Bio. MUMBAI: Deepak Parekh was re-appointed as a non-executive director on the board of the country's largest mortgage lender HDFC but nearly … On 11 January 2009, the government nominated noted banker Deepak Parekh, former NASSCOM chief Kiran Karnik, and former SEBI member C Achuthan to Satyam's board. *Committee has been dissolved by the Baord of Directors in their meeting held on 01st June, 2021. HDFC Limited. A great believer in youth and leadership in them, Parekh is a board member … The reappointment of Deepak Parekh as a Director at HDFC could not have been by a more laser thin margin. Results of the voting at the company's annual general meeting held here on Monday showed that 22.64 percent of the … Other Companies Associated with. Board of Directors Cyrus P. Mistry Chairman R. K. Krishna Kumar (retired w.e.f. Read Bio. Mumbai: Deepak Parekh was re-appointed as a Non-Executive Director on the board of the country's largest mortgage lender HDFC but nearly 23 percent of the shareholders voted against his continuation. Deepak is also the non-executive chairman of Glaxo India Ltd & Burroughs Wellcome (India) Ltd, and sits on the Boards of Castrol India Ltd, Hindustan Unilever, Siemens Ltd, Mahindra & Mahindra, Indian Hotels Company and SingTel. He began his storied career at Ernst & Young Management Consultancy Services in New York City, and after stints at Grindlays Bank and Chase Manhattan Bank, he joined HDFC in 1978 and currently serves as its non-executive chairman. Mr. Deepak S. Parekh is the Non-executive Chairman of the Housing Development Finance Corporation (HDFC Ltd.). The government on Sunday appointed three members to the new board of the troubled Satyam Computer Services. The Central Government dissolved Satyam’s Board and appointed seventeen directors. Deepak Parekh was re-appointed as a Non-Executive Director of HDFC. This, however, is not going to be an isolated instance, says Robin Banerjee. While Parekh, with 33 years on the … Hon Secretary: Administration. Srini Raju* Chairman. Read Bio. As a pre-eminent leader of the Indian financial sector Mr Parekh is known for his focus on sound values … New Delhi, Feb 5 (PTI) Mortgage lender HDFC Ltd's Chairman Deepak Parekh has settled with markets regulator Sebi a matter of non-compliance with an erstwhile listing agreement. The well-known banker and non-executive Chairman of HDFC was also Chairman of the Audit Committee at Name:Deepak Parekh Chapter:Propriety Deepak Parekh is the non-executive chairman of Housing Development Finance Corporation (HDFC). Deepak Shantilal Parekh is Chairman at Hdfc Ltd. See Deepak Shantilal Parekh's compensation, career history, education, & memberships. Chairman, Tata Sons. Mr. Deepak S. Parekh (DIN: 00009078) is the Chairman of the Company and its holding company - Housing Development Finance Corporation Limited (HDFC), India’s premier Housing Finance Company. A Chartered Accountant by qualification, Parekh… He is the non-executive chairman in India of Siemens Ltd, Glaxo Smithkline Pharmaceuticals Ltd and BAE Systems India (Services) Pvt Ltd. ... CII Council on India@75 and Chairperson & Founder, IEF Entrepreneurship Foundation & Executive Director, SCA Group. He joined HDFC’s senior management in 1978 and was inducted as a Full-time Director of HDFC in 1985. On January 10, 2009, Satyam’s former CFO Srinivas Vadlamani and awarded. Management Board - Bombay Hospital Bombay Hospital. There are 90+ professionals named "Deepak Parekh", who use LinkedIn to exchange information, ideas, and opportunities. Financial sector doyen Deepak Parekh was re-appointed as non-executive director on the Board of country's largest mortgage lender HDFC, though 22.64 per cent of the shareholders voted against his continuation. Director - Medical Services ... Mr. Rajkumar Agarwal: Director - Materials Mr. Manoj Singhal: Jt. He serves as a Director of Steel Authority of India Ltd. "Based on the performance of the company, the board of directors recommended a dividend of Rs23 per equity share of face value of Rs2 each for the financial year 2020-21," the HDFC chairman says. Header info sidebar Search. NIIT Group. Deepak Parekh. Mr. Arpit Gupta (CTO) Mrs. Sunita Sahney. Deepak Shantilal Parekh is Chairman at Hdfc Ltd. See Deepak Shantilal Parekh's compensation, career history, education, & memberships. Deepak Parekh was re-appointed as a non-executive director on the board of the country's largest mortgage lender HDFC but nearly 23 per cent of the shareholders voted against his continuation. Parekh (left) seated with Timothy Geithner at a CII meeting in October 2009. He has been Director of WNS Global Services Private Limited since 2006. India Inc can easily prepare itself for more such episodes. New Delhi, India - BAE Systems has appointed Deepak Parekh, Chairman of the Housing Development Finance Corporation (HDFC), India’s first and largest mortgage company, to its India Advisory Board. In November 2020, Puri was roped in by US-based global investment firm Carlyle Group as a senior advisor. Services Learn about ways to transact and access other services digitally Deepak S. Parekh serves as Non-Executive Non-Independent Chairman of the Board of the Company. Board of Directors Mr. Deepak S. Parekh Chairman Mr. Darius C. Shroff Director Mr. Yezdi H. Malegam Director Mr. Narendra J. Jhaveri Director Mr. Keki B. Dadiseth Director Mr. Pradip V. Nayak Director Mr. Joe Kaeser Director Dr. Roland Busch Special Director (Nominee of Siemens AG) Ms. Mariel von Drathen Director Mr. Johannes Apitzsch Director Eminent business personality Deepak Parekh has joined the board of Vedanta Resources plc as a Non-executive Director. Management Board - Bombay Hospital Bombay Hospital. Punj Lloyd Group. H.E. Results of the voting at the company's annual general meeting held here on Monday showed that 22.64 percent of the shareholders were not in favour of the continuation of Parekh. Deepak S. Parekh (Chairman) Yezdi H. Malegam Pradip V. Nayak Joe Kaeser Sunil Mathur Keki B. Dadiseth Dr. Roland Busch Johannes Apitzsch* Company Secretary Ketan Thaker Board of Directors Mr. Deepak S. Parekh Chairman Mr. Darius C. Shroff Director Mr. Yezdi H. Malegam Director Mr. Narendra J. Jhaveri Director Mr. Keki B. Dadiseth Director YES Bank board battle: Why Deepak Parekh is wrong about Shagun Gogia. India@75 is a path breaking initiative. Parekh is on the board of several leading corporations across diverse sectors. He became Chairman in 1993, and is currently its Non-Executive Chairman. HDFC Chairman Deepak Parekh during the listing ceremony of HDFC AMC at NSE. Mr Deepak Parekh has resigned as Independent Director on the board of Hindustan Unilever Ltd (HUL). During FY20-21, according to Mr Parekh, demand for housing was for both, affordable housing and high-end properties. He serves as a Member of Executive Board at Indian School of Business. Parekh got 77.36% votes in his favour. Deepak Parekh (born 18 October 1944) is an Indian businessman and the Chairman of Housing Development Finance Corporation, India 's leading housing finance company. Deepak Parekh was re-appointed as a Non-Executive Director of HDFC. Sumeet has over 18 years’ experience in advising, investing and operating in companies in North America and India. The question remains why minority shareholders, even if family founders, should have an automatic board seat in a non-family run firm. Parekh has worked at Ernst & Young, Grindlays Bank, and Chase Manhattan Bank as its assistant representative for South Asia. He joined Housing Development Finance Corporation in 1978. Mr. Deepak Parekh is a Nominee Director and the Chairman of our Company. August 7, 2013) Raymond N. Bickson Managing Director Anil P. Goel Executive Director – Finance Deepak Parekh , , , Independent Director He is on the Indian advisory boards of Coca Cola India, Boston Consultancy Group and Accenture India. North America Region President Deepak Parikh joins ACC Board of Directors as of January 1, 2019 Muttenz, June 6, 2018 – Clariant, a world leader in specialty chemicals, today announced that Deepak Parikh, Clariant's Region President of North America, has been appointed to the Board of Directors of the American Chemistry Council (ACC). Senior Independent Non-Executive Director. He has been Director of WNS Global Services Private Limited since 2006. When HDFC Chairman speaks, India listens – be it the business community or the political fraternity. Market. Mr. Parekh serves as a Non Executive Director of National Stock Exchange of India Nominee Ltd. He is also on the international advisory boards of Standard Life Asia, Nomura Holdings Inc, Lafarge The reappointment of Deepak Parekh as a Director at HDFC could not have been by a more laser thin margin. MUMBAI: HDFC chairman Deepak Parekh has told investors that the company’s executive directors (EDs) need to hold board positions in group firms to … However, his passion is not limited to making businesses grow. He has been a member of Indian Government-appointed advisory committees and task forces on matters ranging from infrastructure reform to capital markets and financial services. @daviddoughty: BAE Systems names Deepak Parekh as a non-executive Director and Chairman of its Indian … IIFL. He has been on our Board since August 2000. HDFC ERGO - Board of Directors. Deepak Parekh was re-appointed as a Non-Executive Director on the board of the country's largest mortgage lender HDFC but nearly 23 per cent of the shareholders voted against his continuation. Search for: ... Shri Deepak Parekh: Trustee: Shri Shyam Malpani: Dy. By RBI guidelines, families are not allowed to run banks. When HDFC Chairman speaks, India listens – be it the business community or the political fraternity. India Inc can easily prepare itself for more such episodes. Mr. Parekh joined the Corporation in a senior management position in 1978. Deepak Parekh was re-appointed as non-executive director on the board of the country’s largest mortgage lender HDFC, though 22.64 per cent of the shareholders voted against his continuation. Mr. Parekh is known for playing a key role in transforming HDFC into India's premier housing finance company. Deepak Parekh is also known to be the Man for all Seasons. Parekh (left) seated with Timothy Geithner at a CII meeting in October 2009. Shareholders of HDFC on Monday voted to reappoint Deepak Parekh as director but nearly a quarter of the shareholders, 22.64%, voted against him. He serves as a Member of Executive Board at Indian School of Business. Dr. Reddy's Laboratories Limited. Results of the voting at the company's annual general meeting held here on Monday showed that 22.64 percent of the … India Inc can easily prepare itself for more such episodes. Born On: 18th October, 1944 Career: Chairman of HDFC Deepak Parekh is the Chairman of HDFC (Housing Development Finance Corporation, which is a top mortgage finance company. Parekh was HDFC Ltd Chairman and a member of the committee which approved the ICD/ loan. Deepak Parekh was re-appointed as a Non-Executive Director on the board of the country's largest mortgage lender HDFC but nearly 23 per cent of the shareholders voted against his continuation. Maheshwari serves on the board of directors of National Collateral Management Services Limited, NCML Finance Private Limited and Fairchem Specialty Limited, they are investees of Fairfax India. ... NITA DEEPAK PAREKH. Parekh, who is the non-executive, non-independent director on the HDFC board, held directorship in 13 listed and unlisted companies, according to HDFC’s annual report for 2017-18—this includes three group subsidiaries. Search for: ... Shri Deepak Parekh: Trustee: Shri Shyam Malpani: Dy. 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