

"Deepak Parekh is the Chairman of HDFC. As pioneers, HDFC under his leadership has grown from its humble beginning as a mortgage provider to the Indian middle class households, into a financial powerhouse. A Chartered Accountant by profession, he started his career with Ernst & Ernst Management Consultancy Services in New York and moved on to work with Grindlays Bank (ANZ) and Chase Manhattan Bank, before joining HDFC in 1978. Besides HDFC, he is on the board of several leading corporates and is the Non-Executive Chairman of GlaxoSmithkline Pharmaceuticals, Siemens India Ltd., Lafarge India and several of the HDFC group companies. Mr. Parekh has received the ‘Padma Bhushan’, and the ‘Best Non Executive Director’ title by the Asian Centre for Corporate Governance, ‘The Economic Times Life Time Achievement Award’, the ‘JRD Corporate Leadership Award’, ‘Businessman of the Year’ by Business India, among others. Recognized as one of the Stars of Asia by international Business Week, he was listed among the top fifty Asian leaders at the forefront of change – August 2007. He has also been ranked as one of the 25 most influential people in business and finance across Asia-Pacific by ASIAMONEY."

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