Deepak Parekh has decided to step down as the Chairman and Non-Executive Director of the HDFC Life Insurance Company with effect from April 18. Parekh was the Chairman of HDFC Ltd which merged with HDFC Bank a year ago.
The board unanimously approved the appointment of Keki M Mistry as the Chairman of the board. Mistry has been associated with the company since December 2000 and is currently a Non-Executive Director on the board.
- Mistry has been associated with the company since December 2000 and is currently acting as Non-Executive Director.
- He is a qualified Chartered Accountant and a fellow member of the Institute of Chartered Accountants of India. Mistry was the Vice Chairman & CEO of Housing Development Finance Corporation (HDFC) Limited.