1. INSTITUTE OF PROFESSIONAL
EDUCATION & RESEARCH,
BHOPAL
INFO HUNT ON
DEEPAK PAREKH
PRESENTED BY—SANDEEP PATEL
2. DEEPAK SHANTILAL PAREKH
Born on Oct 18, 1944,
India
A Chartered
Accountant
Graduated from
Sydenham College,
Mumbai in 1965
Deepak Parekh began
his career with Ernst &
Young Management
Consultancy Services
3. INTRODUCTION
Joined HDFC as a deputy GM in 1978
Chairman of HDFC since 1993
He is also the Non-Executive Chairman of
GlaxoSmithkline Pharmaceuticals, Siemens
India Ltd, Lafarge India.
4. TURNING POINT
The turning point in his career came when he
joined HDFC in 1978. He climbed the
corporate ladder very efficiently and smoothly.
In 1985 he was promoted to the post of
Managing Director and Since 1993 He has
been serving as the chairman.
His contribution in making HDFC India’s
leading financial institution is very
instrumental.
5. ACHIEVEMENTS
Recipient of Padma Bhushan in 2006
Economic Times Life Time Achievement Award
JRD Corporate Leadership Award
Businessman of The Year Award by Business
India
Best Non Executive Director award by the Asian
Centre for Corporate Governance.
6. CONTRIBUTION
Times Bank merging with HDFC Bank in 2001 (first
merger in the country's private sector banking space)
HDFC Bank absorbing Centurion Bank of Punjab
None of HDFC's senior employees - directors,
GMs and deputy GMs have left the organisation
over the past decade
Recommendations for the proposed-
India infrastructure Debt Fund,
Ways of making Indian cities slum-free (Rajiv Awas Yojna),
Deteriorating financial health and competitiveness of
BSNL.
Chairmanship of the New Pension Scheme Expert
Group
Membership to Comptroller & Auditor General of India
(C&AG)'s Audit Advisory Board etc.
7. INDIVIDUAL USP
Manager, entrepreneur and leader rolled into
one
He can cram a 48-hour schedule into 24 hours
Has the record of attending six parties a day (He
socializes to network, which is important in the
financial sector)
Unique ability of redefining complex problems,
and solving the same, innovatively.
8. QUOTES
"Some of the younger, newer business houses want
to become a Tata or a Birla in two years not by fair
means, but by foul means. That should be avoided.
You can't become a billionaire overnight, unless you
have done something wrong."
