People: ICICI Lombard General Insurance Company Ltd (ICIL.NS)
Mr. Ashvin Parekh is Non-Executive Independent Director of the Company. Mr. Ashvin Parekh has set up the advisory service company in the areas of providing services to the Boards and CEO's of the financial services sector companies, in June 2013. He retired as a Senior Partner from Ernst & Young in June 2013, he was with EY for 8 years. After he retired as a Partner in EY, he was associated with EY as a Senior Expert - Advisor till April 2014. Earlier he was the Executive Director of Deloitte Touche Tohmatsu India Pvt. Ltd. from July 2002 till June 2005. He also held senior positions in Arthur Anderson, Price Waterhouse Coopers, KPMG India, KPMG UK, KPMG Dubai and Hindustan Lever Ltd. He has been working closely with all the Major Global and Indian clients in the banking, insurance and capital markets areas. In 1992 he was involved with a formation of 4 new banks. This was the first time the banking regulator had opened up the banking to the private sector. Thereafter he has been involved with several partnership initiatives in the mutual fund and capital markets. In 1999 - 2000 during the reforms in the insurance sector he was closely involved with the government and the regulator in the formation of the regulatory authority and also assisted the regulators office in preparing the regulations for the sector.
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