People: Housing Development Finance Corporation Ltd (HDFC.BO)
Mr. Deepak S. Parekh is Non-Executive Non-Independent Chairman of the Board of Housing Development Finance Corporation Limited. 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 and subsequently, appointed as the Managing Director of the Corporation (designated as 'Chairman') in 1993. He retired as the Managing Director on December 31, 2009. He was appointed as a Director of the Corporation liable to retire by rotation, by the shareholders of the Corporation at its Annual General Meeting held on July 14, 2010. He is a director on the boards of several prominent companies in India. He is also the Chairman of the Corporate Social Responsibility Committee of Directors.
|Total Annual Compensation, INR||25,050,000|
|Restricted Stock Award, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||--|
|Fiscal Year Total, INR||25,050,000|