Deepak Parekh
| Deepak Parekh | |
|---|---|
| Born | October 18, 1944 |
| Education | B Com (Sydenham College, Mumbai); Chartered Accountant |
| Occupation | non-executive chairman of the HDFC group |
| Title | Padma Bhushan, Chartered Accountant |
Deepak Parekh is the Chairman of Housing Development Finance Corporation, India's leading housing finance company. He is based in Mumbai.
Parekh completed his schooling from St. Xavier's High School, Fort and later graduated with a B.Com from Sydenham College affiliated with the Bombay University. He went to England in 1965 to qualify as a chartered accountant with the ICAEW; he completed his articles with Whinney, Smith and Whinney (which later became Ernst & Young) in London. He cleared his ACA exams in the first attempt and was afterwards posted at the firm's consulting arm Ernst & Ernst in New York.
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, Fairfax India Holdings Corporation, 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.
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