HDFC Life Insurance’s chairman Deepak S Parekh stepped down from his role.

Appointment

HDFC Life Insurance’s chairman Deepak S Parekh stepped down from his role. Deepak S Parekh has decided to step down as the Chairman and NonExecutive Director of the Company with effect from close of the business hours on 18 April 2024. The company also have appointed Keki M Mistry as the Chairman of the Board. The board has unanimously approved the appointment of Keki M Mistry as the Chairman of the Board with immediate effect subject to approval of Insurance Regulatory and Development Authority. Mistry has been associated with the company since December 2000 and is currently acting as Non-Executive Director. With the amalgamation of HDFC Limited with HDFC Bank, Mr Mistry superannuated from HDFC Limited and has been appointed as a Non-Executive Director on the Board of HDFC Bank Limited. He is also a Director on the Boards of several other prominent companies.


      The VK Viswanathan and Prasad Chandran shall cease to be Independent Directors of the Company after completing their two consecutive terms of five years each on April 24, 2024.

     

     

 

     


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