HDFC Life Insurance Company has named Keki Mistry as the Chairman of the Board

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Keki M Mistry appointed as the new Chairman of the Board, subject to approval from the Insurance Regulatory and Development Authority.

An Overview of the News

• Mistry, a Chartered Accountant and former Vice Chairman & CEO of HDFC Limited has been associated with HDFC Life since December 2000.

• Deepak S Parekh steps down as Chairman of HDFC Life Insurance, as per the company's exchange filing.

Directorship Updates:

• VK Viswanathan and Prasad Chandran conclude their tenure as Independent Directors after serving two consecutive terms of five years each, effective April 24, 2024.

• The Board acknowledges the significant contributions of Viswanathan and Chandran during their tenure with the company.

• Venkatraman Srinivasan appointed as an Independent Director for a five-year term, based on the recommendation of the nomination & remuneration committee.

HDFC Life Insurance Company Limited:

• It is a provider of long-term life insurance services.

• The company provides both individual and group insurance services.

• Establishment - 14 August 2000.

• Headquarters - Mumbai