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Mr Parekh has an extensive and highly commended executive career, including serving on the boards of several Indian and international corporations. He was a member of the Indian Government-appointed advisory committees and task forces on matters ranging from infrastructure reform to capital markets and financial services for over two decades.
His contributions to business have been recognised on numerous occasions and he is the recipient of Padma Bhushan from the Government of India.
Mr Parekh served as Chairman of HDFC Ltd from 1993 to 2023, contributing 45 years to the company. His vision and business acumen transformed HDFC into India’s leading financial services conglomerate, with a presence in banking, asset management, life insurance, general insurance, property funds, education loans, and education.
In 2017, he was named as first of a network of international ambassadors by the Mayor of London. Mr Parekh has received numerous prestigious awards, including the Padma Bhushan (2006), Germany’s Cross of the Order of Merit (2014), and France’s Knight in the Order of the Legion of Honour (2010).
Mr Parekh was appointed to the Board as an Independent Non-Executive Director on 22 March 2011, and as a Senior Independent Non-Executive Director on 1 July 2015.
Committee memberships: Nominations and Remuneration Committee (Chair), and the Audit and Risk Committee (Member).
External appointments: Non-Executive Chairman of HDFC Asset Management Company Limited and HDFC Capital Services Limited, Non-Executive Chairman of Siemens India and Schloss Bangalore Ltd. Non-Executive Director of the National Investment and Infrastructure Fund (NIIF). Chairman of Warburg Pincus LLC and Fairbridge Capital Pvt Ltd. Board member of Emirates Investment Bank-UAE and Orient Insurance PJSC – UAE.