HDFC Chairman
Why
Though he gave up executive responsibilities at HDFC, Parekh remains a formidable force in the Indian industry, especially in the financial sector. Minces no words while drawing the attention of the government and regulators on lacunae in the system. Like Ratan Tata, Parekh also spoke out against the deteriorating investment climate in India. He retains his 41st ranking.
Unlike many Indian CEOs, Parekh quit all executive positions at HDFC and became non-executive chairman last year.
What next
He is among 14 citizens who wrote an open letter to the government about governance deficit and corruption. He is likely to take read more
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