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News & Press: Dec 2009

BITSian Amitabh Chaudhry joins HDFC Standard Life as the CEO

Tuesday, March 02, 2010   (0 Comments)
Posted by: BITSAA Newsletter
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To the list of BITSians who have held the position of CEO, we can add the name of Mr. Amitabh Chaudhry. He has been appointed the MD and CEO of HDFC Standard Life. He has succeded Deepak Satwalekar who retired from the company on November 14, 2008. After the retirement of Satwalekar, the company's principal officer and executive director, Paresh Parasnis, was the acting CEO.

Amitabh has a bachelor's degree in engineering from BITS and a post-graduate diploma in management from the Indian Institute of Management (IIM), Ahmedabad. Before taking up his new assignment, he was the Managing Director and CEO at Infosys BPO. He has also worked with Bank of America and Credit Lyonnais Securities.

Mr. Deepak Parekh, Chairman of HDFC Ltd and Chairman of HDFC Standard Life said, "HDFC Standard Life has focused on building its brand in the market place and is today known for its fair business practices. To continue in its growth path and to achieve its desired vision, the Board of Directors is pleased to announce the appointment of Amitabh Chaudhry as the Managing Director & CEO for HDFC Standard Life. I am confident that Amitabh will be able to provide strong leadership and direction to HDFC Standard Life and offer a robust roadmap to make HDFC Standard Life the most obvious choice of all."

On behalf of BITSAA Congratulations, Amitabh!! Best wishes for the future.


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