Dec 6, 2009

Keki Mistry to head HDFC

Mr Keki Mistry

Housing finance major HDFC Ltd has announced changes in the top management.

A company press release today said Mr Deepak Parekh, Chairman and Chief Executive Officer, would step down from his executive position from December 31.

Mr Keki Mistry, now Vice-Chairman and Managing Director, will take over as CEO. Mr Parekh will, however, continue as Chairman. He has also been appointed Additional Director with effect from January 1, 2010 till the date of the next Annual General Meeting.

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