People: Housing Development Finance Corporation Ltd (HDFC.BO)
Mr. Deepak S. Parekh is Non-Executive Chairman of the Board of Housing Development Finance Corporation Limited, since January 1, 2010. He is a Fellow of The Institute of Chartered Accountants in England & Wales. Mr. Parekh joined the Corporation in a senior management position in 1978. He was inducted as a Whole-time director of the Corporation in 1985, appointed as the Managing Director of the Corporation (designated as ‘Chairman’) in 1993 and continued to be appointed as such from time to time. He retired as the Managing Director (designated as ‘Chairman’), with effect from the close of business hours on December 31, 2009. Mr. Parekh was appointed as a Director of the Corporation liable to retire by rotation by the shareholders of the Corporation at the 33rd Annual General Meeting held on Wednesday, July 14, 2010. He is a director on the boards of several prominent companies in India.
|Total Annual Compensation, INR||100,000|
|Restricted Stock Awards, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||--|
|Fiscal Year Total, INR||100,000|