Sneha Girap (Editor)

Deepak Parekh

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Status  married
Name  Deepak Parekh

Spouse  Smita Parekh
Education  Sydenham College
Deepak Parekh c31dcea6ba284a4b89aa10f5ff177c99gif
Born  October 18, 1944 (1944-10-18) India
Occupation  non-executive chairman of the HDFC group
Notable credit(s)  Padma Bhushan Awardee (2006)].,
Relatives  nephew of H T Parekh - a founder of HDFC
Children  Aditya Parekh, Siddharth Parekh
Titles  Padma Bhushan, Chartered accountant

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


Deepak Parekh wwwmoneycontrolcomnewsimagefiles2014dDeepa

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Deepak Parekh HDFC39s Deepak Parekh pitches for investment in education

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.


Deepak Parekh Business Tycoons and there Education

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.

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 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. He has been recently appointed as the advisor to Sunil Gavaskar who is the interim chairman of IPL-7.


Deepak Parekh Wikipedia