Deepak Parekh is the Executive of the main money organization, HDFC, and is a monetary master. To learn more about his profile, consult his biography.

Deepak Parekh is the Executive of the main money organization, HDFC, and is a monetary master. To learn more about his profile, consult his biography.

Deepak Parekh
Born On: 18th October, 1944
Career: Chairman of HDFC

Deepak Parekh is the Director of HDFC (Lodging Improvement Money Partnership, which is a top home loan finance organization. He serves as the Indian Government’s informal crisis consultant in addition to being Chairman. He made HDFC the huge financial multinational corporation it is today through hard work and smarts. From 11 January to 17 July 2009, he also held the position of independent director for Satyam Computer Services. He has confidence in difficult work, extraordinary energy and flawlessness. As indicated by him, it is vital to adhere on to virtues and morals, really at that time can one become an extraordinary finance manager. Following indecent strategies will lead just to the deficiency of notoriety. On the off chance that an individual’s standing is gone it is truly challenging to get it back. Peruse on to find out about Deepak Parekh, a noticeable Financier and a notable master of money in India.

Early Life
Deepak Parekh was brought into the world on eighteenth October, 1944 in India. He sought after his Single man of Trade degree from the Sydenham School of Bombay College and obtained a Monetary Contracted Bookkeeper degree from Britain and Ridges. He currently resides in Mumbai.

Vocation
Mr. Parekh began his vocation as a sanctioned bookkeeper in Ernst and Youthful Administration Consultancy Administrations in New York. He returned to India and worked as an assistant representative for South Asia for Chase Manhattan Bank and Grindlays Bank. In 1978, he joined HDFC and was advanced as the Overseeing Chief in 1985 and consequently turned into the Director in 1993. Other than this, in 1997, he turned into the Non-Chief Executive of IDFC (Foundation Improvement Money Organization Ltd.) which is an Administration undertaking for tasks of framework. He additionally filled in as the Non-Leader Director of Glaxo India Ltd. till 2008 and is the Director of Burroughs Wellcome (India) Ltd. also, chipped away at the Leading group of Castrol India Restricted, Hindustan Unilever (starting around 1997), Siemens Ltd, Mahindra and Mahindra (starting around 1990) and Indian Inns Organization (beginning around 2000). He is a member of AIESEC India, the largest student-driven organization in the world,’s proactive advisory board. Alongside this, he has likewise been a piece of a few Councils made by Indian Government. He was appointed Chairman of the high-level expert committee in 1964 to suggest concepts for expanding the Unit Scheme. He was named the Director of the Warning Gathering for Protections Market Guideline by the Save Bank of India. He served as a Non-Executive Independent Director for Singapore Telecommunications Ltd. and was a Director of WNS Global Services Pvt. Ltd. before becoming Chairman of National Thermal Power Corporation Ltd. Ltd. what’s more, an Overseer of Steel Authority of India Ltd., Air terminals Authority of India and Lafarge India Pvt. Ltd. He also serves as a Director of the Indo-German Chamber of Commerce and as an Alternate Director for Exide Industries Ltd.

Grants and Awards
Deepak Parekh was respected as the Financial specialist of the Year 1996 by Business India. He was also the first person to receive the Qimpro Platinum Award and the JRD Tata Corporate Leadership Award from the All India Management Association (AIMA). Mr. Parekh was the youngest man to receive the Economic Times’ prestigious Corporate Award for Lifetime Achievement. In addition, he received the Padma Bhushan in 2006, and in 2009, he attended the state dinner at the White House that was held in honor of Indian Prime Minister Manmohan Singh and was hosted by US President Barack Obama. In addition, CNBC-TV18 presented him with the Outstanding Business Leader Award. In 2010, for his contribution to the money and bookkeeping calling from numerous years, the Organization of Contracted Bookkeepers in Britain and Grains respected him with an Extraordinary Accomplishment Grant.

Contribution Deepak Parekh has contributed significantly to the establishment of French businesses in India and to the growth of India’s financial sector. As per the Public authority of France, Mr. Parekh has worked on the relations of India and France in the monetary area. By offering low-interest loans to the middle class of India, Mr. Parekh made it possible for them to own homes or apartments.

Timeline:-
1944: Born in India.
1978: Joined HDFC.
1985: Became the Managing Director of HDFC.
1993: Became the Chairman of HDFC.
1996: Businessman of the Year by Business India.
1997: Became the Non-Executive Chairman of IDFC.
2006: Honored with Padma Bhushan.
2009: Attended a state dinner at the White House hosted by US President Barack Obama in honor of the Indian Prime Minister Manmohan Singh and received the Outstanding Business Leader Award from CNBC-TV18.
2010: Received the Outstanding Achievement Award from the Institute of Chartered Accountants in England and Wales.

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