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About HDFC Life

Recognized by the industry

  • Board of Directors
  • Management Team
  • Key Persons

Board of Directors

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.

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. 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 is an Independent Director of our Company. He has been on our Board since July 17, 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 & Chief Executive Officer

Vibha has been associated with HDFC Life since August 2008. She qualified as a member of the Institute of Chartered Accountants of England and Wales in 1992, and is also a member of the Institute of Chartered Accountants of India. Prior to her appointment at HDFC Life, she worked in varied sectors, such as global Business Process Management, global FMCG, and in an international audit firm.

Over the years Vibha has been the recipient of various awards which includes the 'CA Business Leader - For Large Corporates - BFSI' at the 15th ICAI Awards by The Institute of Chartered Accountants of India. She has also been felicitated with awards by ET Prime Women Leadership Awards, IMA India, and has been recognised as one of the ‘Top 30 Most Powerful Women in Business’ by Business Today for four consecutive years. In 2021, Vibha has been recognised as one of the 'Most Powerful Women in Business' by Fortune India and Fortune International magazines. In 2022, she has been featured in the ‘Most Valuable CEOs’ list by BW BusinessWorld. In 2022 she has again been featured in the list of Most Powerful Women by Fortune India and also in Business Today's list of Most Powerful Women.

Mr Suresh Badami

Deputy Managing Director

Mr Suresh Badami has been associated with our Company since October 2013. 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. 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.

  • 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. 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. Ketan Dalal

    Independent Director

    Mr. Ketan Dalal is an Independent Director of our Company. He has been on our Board since July 17, 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 & Chief Executive Officer

    Vibha has been associated with HDFC Life since August 2008. She qualified as a member of the Institute of Chartered Accountants of England and Wales in 1992, and is also a member of the Institute of Chartered Accountants of India. Prior to her appointment at HDFC Life, she worked in varied sectors, such as global Business Process Management, global FMCG, and in an international audit firm.

    Over the years Vibha has been the recipient of various awards which includes the 'CA Business Leader - For Large Corporates - BFSI' at the 15th ICAI Awards by The Institute of Chartered Accountants of India. She has also been felicitated with awards by ET Prime Women Leadership Awards, IMA India, and has been recognised as one of the ‘Top 30 Most Powerful Women in Business’ by Business Today for four consecutive years. In 2021, Vibha has been recognised as one of the 'Most Powerful Women in Business' by Fortune India and Fortune International magazines. In 2022, she has been featured in the ‘Most Valuable CEOs’ list by BW BusinessWorld. In 2022 she has again been featured in the list of Most Powerful Women by Fortune India and also in Business Today's list of Most Powerful Women.

  • Mr. Suresh Badami

    Deputy Managing Director

    Mr Suresh Badami has been associated with our Company since October 2013. 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.

ARN: EU/07/21/24503