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==Career==
==Career==
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. Parekh also became the Non-Executive Chairman of Infrastructure Development Finance Company Ltd (IDFC), a [[Government of India]] enterprise for infrastructure projects in 1997. He is also the Non-Executive Chairman of Glaxo India Ltd & Burroughs Wellcome (India) Ltd and on the Board of Castrol India Limited, [[Hindustan Unilever]], Siemens Ltd, [[Mahindra & Mahindra]], Indian Hotels Company and [[SingTel]]. Mr. Parekh is also an advisory board member of [[AIESEC]] India.
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. Parekh also became the Non-Executive Chairman of Infrastructure Development Finance Company Ltd (IDFC), a [[Government of India]] enterprise for infrastructure projects in 1997. He is also the Non-Executive Chairman of Glaxo India Ltd & Burroughs Wellcome (India) Ltd and on the Board of Castrol India Limited, [[Hindustan Unilever]], Siemens Ltd, [[Mahindra & Mahindra]], Indian Hotels Company and [[SingTel]]. Mr. Parekh is also an advisory board member of [[AIESEC]] India and US Engineering consultancy giant, AECOM.


Parekh has been a member of various Committees set up by the Government of India. He was appointed Chairman of the high level expert committee formed to recommend measures for strengthening the Unit Scheme in 1964. The [[Reserve Bank of India]] appointed him Chairman of the Advisory Group for [[Capital market|Securities Market]] Regulation, which was tasked to compare the level of adherence to international standards in India with that in other countries. He was also Chairman of the Expert Committee constituted by the Ministry of Power to look into the reform efforts in the power sector.
Parekh has been a member of various Committees set up by the Government of India. He was appointed Chairman of the high level expert committee formed to recommend measures for strengthening the Unit Scheme in 1964. The [[Reserve Bank of India]] appointed him Chairman of the Advisory Group for [[Capital market|Securities Market]] Regulation, which was tasked to compare the level of adherence to international standards in India with that in other countries. He was also Chairman of the Expert Committee constituted by the Ministry of Power to look into the reform efforts in the power sector.

Revision as of 08:10, 10 January 2014

Deepak Parekh
Born(1944-10-18)October 18, 1944
Statusmarried
EducationB Com (Sydenham College, Mumbai); Chartered Accountant
Occupationnon-executive chairman of the HDFC group
Notable creditPadma Bhushan Awardee (2006)].,
TitlePadma Bhushan, Chartered Accountant
Relativesnephew of H T Parekh - a founder of HDFC

Deepak Parekh is the Chairman of Housing Development Finance Corporation, India's leading housing finance company. He is based in Mumbai.[1]

Career

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. Parekh also became the Non-Executive Chairman of Infrastructure Development Finance Company Ltd (IDFC), a Government of India enterprise for infrastructure projects in 1997. He is also the Non-Executive Chairman of Glaxo India Ltd & Burroughs Wellcome (India) Ltd and on the Board of Castrol India Limited, Hindustan Unilever, Siemens Ltd, Mahindra & Mahindra, Indian Hotels Company and SingTel. Mr. Parekh is also an advisory board member of AIESEC India and US Engineering consultancy giant, AECOM.

Parekh has been a member of various Committees set up by the Government of India. He was appointed Chairman of the high level expert committee formed to recommend measures for strengthening the Unit Scheme in 1964. The Reserve Bank of India appointed him Chairman of the Advisory Group for Securities Market Regulation, which was tasked to compare the level of adherence to international standards in India with that in other countries. He was also Chairman of the Expert Committee constituted by the Ministry of Power to look into the reform efforts in the power sector.

Awards and Honors

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). He was the first recipient of the Qimpro Platinum Award for Quality for his contributions to the services sector, and the youngest recipient of the prestigious Corporate Award for Life Time Achievement by the Economic Times. Padma Bhushan was conferred on him by the Government of India. In 2010 he was the first international recipient of The Institute of Chartered Accountants in England and Wales’ Outstanding Achievement Award, for his contribution over many years to the finance and accountancy profession.[2]

References

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