Combo Plans
Mr. Deepak S Parekh
Non-Executive Chairman
Mr. Deepak Parekh is a Nominee Director and the Chairman of our Company. He has been on our Board since August 2000. He is also the chairman of our Promoter i.e., HDFC. Mr. Parekh is an associate of the Institute of Chartered Accountants of England and Wales. He is a on the board of several leading corporations across diverse sectors. He is the non-executive chairman of Siemens Limited, GlaxoSmithkline Pharmaceuticals Limited and BAE Systems India (Services) Private Limited. He is also on the boards of Indian Hotels Company Limited and Bangalore International Airport Limited (BIAL). Mr. Parekh has won several awards, which includes Padma Bhushan conferred by Government of India in 2006, ‘Bundesverdienstkreuz’, which is Germany’s Cross of the Order of Merit, being one of the highest distinction by the Federal Republic of Germany, in 2014, “Knight in the Order of the Legion of Honour”, one of the highest distinction by the French Republic, in 2010 and he was also the first international recipient of the Outstanding Achievement Award by Institute of Chartered Accountants in England and Wales, in 2010.
Sir Gerry Grimstone
Non-Executive Director
Sir Gerald Grimstone is a Nominee Director of our Company. He has been on our Board since April 1, 2013.Sir Gerald has completed his masters’ in Arts and masters’ in Science from University of Oxford. He became a director of the Standard Life Aberdeen, in July 2003 and has been the chairman of Standard Life Aberdeen since May 2007, having been deputy chairman since March 2006. He is also the chairman of Heng An Standard Life Insurance Company Limited in China. He is senior independent director and deputy chairman of Barclays Bank plc. He is also an independent, public interest, non – executive board member of Deloitte LLP and the lead non-executive at the Ministry of Defence. He is a senior adviser to the board of the Abu Dhabi Commercial Bank and is a member of the advisory council of the UK – India Business Council and is a member of the advisory council of the China – Britain Business Council. Previously, he held senior positions within the Department of Health and Social Security, a ministry of the British Government, and her Majesty’s Treasury, a British Government Department and with Schroders plc in London, Hong Kong and New York. He was vice chairman of Schroders’ worldwide investment banking activities from 1998-1999. In the Queen’s Birthday Honours List, announced in June 2014, Sir Gerald received a knighthood in recognition for his contribution to public service, particularly in defence and business.
Mr. Keki M Mistry
Non-Executive Director
Mr. Keki Mistry is a Nominee Director of our Company. He has been on our Board since December 20, 2000. He is also the vice chairman and chief executive officer of our Promoter i.e., HDFC. He is a Fellow of the Institute of Chartered Accountants of India. Mr. Mistry joined HDFC in 1981. He was appointed as the executive director of HDFC in 1993, as the deputy managing director in 1999 and as the managing director in 2000. He was re-designated as the vice chairman and managing director of HDFC in October 2007 and as the vice chairman and chief executive officer, with effect from January 1, 2010.Some of Mr. Mistry's recent recognitions include, being awarded “Best Independent Director Award 2014” by Asian Centre for Corporate Governance & Sustainability, the Best CEO Financial Services (Large Companies) 2014 by Business Today magazine, honored with the “CA Business Achiever of the year” award in the Financial Sector by the Institute of Chartered Accountants of India (ICAI) in 2011, CNBC TV18's - CFO of the Year for 2008. Mr. Mistry is the chairman of the of CII National Council on Corporate Governance and a member of the Committee on Corporate Governance set up by the Securities and Exchange Board of India.
Ms. Renu Sud Karnad
Non-Executive Director
Ms. Renu Karnad is a Nominee Director of our Company. She has been on our Board since January 25, 2006. She is also the managing director of our Promoter i.e., HDFC. She holds a bachelor’s degree in law from the University of Mumbai and a master’s degree in economics from the University of Delhi. She is a Parvin Fellow – Woodrow Wilson School of International Affairs, Princeton University, USA. Ms. Karnad joined HDFC in 1978 and she was appointed as the managing director of HDFC in January 2010.
Mr. Norman K Skeoch
Non-Executive Director
Mr. Norman Keith Skeoch is a Nominee Director of our Company. He has been on our Board since November 2, 2005. He has been on our Board since November 2, 2005. Mr Skeoch has been on the board of Standard Life Aberdeen plc (formerly Standard Life plc) since 2006 and was appointed chief executive officer in 2015. He is also the chief executive officer at Standard Life Investments Limited. Mr. Skeoch holds a bachelor’s degree in Arts from University of Sussex, United Kingdom and a masters’ degree in Arts from University of Warwick. Mr. Skeoch is a fellow of the Chartered Institute for Securities and Investment and fellow of the Society of Business Economists. He is also a fellow of the Royal Society for the Encouragement of the Arts.. He is a non-executive director of the Financial Reporting Council Limited. He has been on the board of Standard Life Aberdeen plc since 2006.Previously he spent nearly 20 years at James Capel & Company Limited in a number of roles, including chief economist and managing director international equities. He has been awarded honorary doctorates from the University of Sussex and Teesside University.
Dr. J J Irani
Independent Director
Dr. Jamshed J Irani is an Independent Director of our Company. He has been on our Board since August 11, 2017. He holds a master’s degree in science from Nagpur University and master’s in Metallurgy from University of Sheffield, United Kingdom. Further, he also holds a Doctorate from University of Sheffield, United Kingdom. He received the Padma Bhushan from the President of India in 2007 for his services to trade and industry in India. Additionally, he was conferred the honorary Knighthood (KBE) for contribution to Indo-British Trade and Co-operation. Dr. Irani has been a director of the Housing Development Finance Corporation Limited (HDFC) since 2008. Currently, Dr. Irani is an independent director of HDFC and Repro India Limited.”
Mr AKT Chari
Independent Director
Mr. AKT Chari is an Independent Director of our Company. He has been on our Board since August 4, 2017.He holds a bachelor's degree in electrical engineering from Madras University in 1961. He previously held the position of chief general manager/adviser in Industrial Development Bank of India, where he handled project finance activities of the institution in various industrial and infrastructure sectors. Later he worked as chief operations officer/executive director/head project finance in IDFC Limited, where he was engaged in financing infrastructure projects, in multiple sectors.
Mr. Prasad Chandran
Independent Director
Mr. Prasad Chandran is an Independent Director of our Company. He has been on our Board since April 24 2014. Mr. Chandran holds a bachelor’s degree (honors) in chemistry from the University of Mumbai and a master’s degree in business administration from University Business School, Chandigarh. He has also completed the advanced business management education from Wharton Business School, University of Pennsylvania, USA and AOTS, Tokyo University, Japan. He was designated as the chairman and managing director of BASF India Limited to pursue his interest in nation building. He was also the chairman of CIBA India Limited, Cynamide India Limited, Pushpa Polymers before they integrated into BASF India Limited. He is also a member of the Prime Minister’s Special Task Force on the National Chemical Policy.
Mr. Vish Viswanathan
Independent Director
Mr. Vegulaparanan Kasi Viswanathan is an Independent Director of our Company. He has been on our Board since April 24, 2014. Mr. Viswanathan holds a bachelor’s degree in commerce from University of Madras and is a member of Institute of Chartered Accountants of India. Currently, he is the chairman of Bosch Limited. He joined the Bosch Group in Germany in September 1998 and worked in its global headquarters in Stuttgart, Germany for two years. He took over as joint managing director of Bosch Limited, India in January 2001 with responsibility for all commercial, finance, information technology, human resource and legal matters besides corporate strategy. He was seconded to USA as the senior vice president for its North American automotive electronics and electrical business in 2006. He was designated as the managing director of Bosch Limited and country head and president of Bosch Group in India from February 2008. He became the chairman of Bosch Limited in July 2013.
Mr. Sumit Bose
Independent Director
Mr. Sumit Bose is an Independent Director of our Company. He has been on our Board sinceJuly 19, 2016. He holds a degree of master of science in Social Policy and Planning in developing countries from the London School of Economics and Political Science, University of London, UK. He also holds a masters’ degree in Arts (History) from University of Delhi. He was a member of Expenditure Management Commission set up to review the allocative and operational efficiencies of Government expenditure to achieve maximum output. He was also the Union Finance Secretary and Revenue Secretary in the Ministry of Finance, Government of India.
Mr. Ranjan Mathai
Independent Director
Mr. Ranjan Mathai is an Independent Director of our Company. He has been on our Board since July 22, 2016.He is a qualified as a member of the Indian Foreign Service in 1974 after having completed his Masters in Arts from the University of Poona. He has experience in diplomacy, administration and research and prior to his appointment with our Company, he was the Foreign Secretary of the Government of India for two years in 2011.
Mr. Ketan Dalal
Independent Director
Mr Ketan Dalal has joined HDFC Standard Life Insurance Company Limited as Director in July 2017. He is a fellow member of the Institute of Chartered Accountants of India, having qualified in 1981. In 1997, he (along with 3 other professionals) founded RSM, an Indian Tax practice, which merged into PwC in April 2007. He has recently founded a boutique structuring and tax firm, Katalyst Advisors LLP. He was a member of the ‘Working Group on Non-resident taxation’ formed by Ministry of Finance in 2003. He is a member of the Managing Committee and the Chairman of the Direct tax Committee of IMC. He has been a member of several SEBI Committees including SEBI’s High Powered Advisory Committee on consent orders and compounding and Group of experts to advise SEBI on matters relating to Financial Sector Legislative Reforms Commission
Ms Bharti Gupta Ramola
Independent Director
Ms Bharti Gupta Ramola is an Independent Director of our Company. She has been appointed on our Board on February 12, 2019. She is PG Diploma in Management from the IIM, Ahmedabad and B.Sc Physics (Hons) from St Stephen's College, University of Delhi. She was a partner at PwC during 1984-2017. She currently, inter-alia, serves on the Governing Body of Lady Shriram College, Advisory Council of Transform Rural India (a Tata Trust initiative), Advisory Committee of Centre of Excellence for Research on Clean Air (CERCA) at IIT Delhi.
Ms. Vibha Padalkar
Managing Director and Chief Executive Officer
Ms Vibha Padalkar has been associated with HDFC Life since August 2008. Ms Padalkar qualified as a member of the Institute of Chartered Accountants of England and Wales in 1992. She is also a member of the Institute of Chartered Accountants of India. Prior to her appointment with our Company, she has worked in varied sectors such as global Business Process Outsourcing, global FMCG and in an international audit firm. Ms Padalkar was recently honoured the 'CA CFO - Insurance Sector' award by the Institute of Chartered Accountants of India and by Business Today for the second consecutive year, as being amongst the 'Top 30 most powerful women in business'. She was also conferred the 'CFO-woman of the year' award by the Institute of Chartered Accountants of India in 2011 and for "Excellence in Financial Control, Compliance and Corporate Governance" by IMA, India in 2013.
Mr. Suresh Badami
Whole-Time Director
Mr Suresh Badami has been associated with our Company since October 2013 and is the Chief Distribution Officer of the Company. Prior to joining our Company, Mr Badami was associated with Dunlop India Limited, ICI India Limited, Cogensis Networks Private Limited, Max Ateev Limited, and ICICI Bank Limited. Mr Badami holds a Bachelor's degree in Science from Bangalore University and a Post Graduate Diploma in Management from Xavier Institute of Management, Bhubaneswar.
Mr. James Aird
Alternate Director
Mr. James Aird has been the Managing Director of Ignis Asset Management, since its acquisition by Standard Life Investments, where he is responsible for the day to day management of the business. In addition, James is Global Head of Strategic Development, where he focuses on developing new international business, joint ventures and mergers and acquisitions. He joined Standard Life Aberdeen plc (formerly Standard Life plc) in 1997 as Investment Manager for segregated fund business, becoming Head of Segregated Funds in 1998. He took on the wider role of Head of Business Development in 1999 and ran Standard Life Investments mutual fund business 2003 – 2004. James was appointed CEO of Standard Life Investments Asia in Hong Kong in 2004, before returning to the UK to take up his current role. He was appointed as an Alternate Director to Mr. Norman Keith Skeoch in January 2016.
Mr.Rushad Abadan
Alternate Director
Mr.Rushad Abadan is Group General Counsel of Standard Life Aberdeen plc leading its Legal and Secretariat functions worldwide. Before joining Standard Life, Rushad was Deputy General Counsel at RBS Group. Earlier in his career, Rushad had stints at Dundas & Wilson (now CMS Cameron McKenna) in the UK and DSK Legal (erstwhile Andersen Legal) in India, both focusing on M&A and private equity work. He also worked at Arthur Andersen in its Indian tax practice. Rushad has a range of experience covering public/ private M&A, capital markets, regulatory, and corporate governance matters in various international jurisdictions as well as extensive experience leading in-house teams. He is qualified as a solicitor in India, and England and Wales. He was appointed as an alternate director to Sir Gerry Grimstone wef February 2, 2018.
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Our vision is to provide innovative and customer-centric insurance plans that can help our customers secure their family's future as well as help them with other benefits such as tax savings. Keeping this in mind we offer a large range of life insurance plans such as term insurance plan, women's plan, health insurance plans, pension plans for retirement planning, child education plans, ULIPs, saving and investment plans. Most of these life insurance policies are available online, so buy one today and Sar Utha Ke Jiyo!
HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101.
Registered Office:
Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011. Tel No: (022)67516666.
The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited and is used by HDFC Life under a licence/agreement
For more details on risk factors, associated terms and conditions and exclusions, please read the sales brochure carefully before concluding a sale. ARN: EC/06/2017/9792