Deepak Shantilal Parekh

Deepak Parekh serves as Chairman at Housing Development Finance Corporation. Parekh is the Independent Director of Fairfax India. He has played a significant role in the development of the financial sector in India, playing a leading role in the diversification of the business into banking, asset management, insurance, real estate and education. Parekh has been a leading advisor to the government of India and was an active member of the committees that shape policy in critical insurance, banking and infrastructure refor Parekh began his career with Ernst & Young in New York and subsequently served senior positions in Grindlays Bank and Chase Manhattan Bank. He joined HDFC in 1978 and held several senior positions before being appointed as Chairman of the Group in 1993. He serves as an Advisor of International Advisory Board at Investcorp. He Parekh is on the Boards of several leading corporations including as Non-Executive Chairman in India of Siemens Ltd, GlaxoSmithKline Pharmaceuticals Ltd and BAE Systems India. He is involved in an advisory capacity for international organizations including: Indo US CEO Forum, City of London - Finance Committee, Indo -German Chamber of Commerce (IGCC) and India-UK Financial Partnership (IUKFP). He has been widely recognised for his work through several awards including: the Padma Bhushan in 2006