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Mr. Deepak S. Parekh is a Non-Executive Non-Independent Director and Chairman of the Company since July 4, 2000. He served as Chairman of Housing Development Finance Corporation Limited (‘HDFC Limited’) from 1993 to 2023, and contributed overall 45 years to HDFC Limited. Under his leadership, HDFC Limited, India’s first retail housing finance company made home ownership a reality for millions across the country. HDFC Limited merged with HDFC Bank Limited (‘HDFC Bank’) w.e.f. July 1, 2023, making HDFC Bank one of the top 10 banks globally by market capitalization. Mr. Parekh’s vision transformed HDFC Group into a leading financial services conglomerate covering banking, asset management, insurance, property funds, education and education loans.&nbsp;

He is a fellow of Institute of Chartered Accountants, 'England and Wales'. He holds Board positions in Siemens Limited, HDFC Capital Advisors Limited and Schloss Bangalore Limited, and is also associated with a few Trusts/NGOs as well in advisory capacity.Mr. Parekh has been honoured with several awards and accolades viz. Padma Bhushan, one of the highest civilian awards by Government of India in 2006; Knight in the Order of the Legion of Honour, one of the highest distinctions by the French Republic in 2010; first international recipient of the Outstanding Achievement Award by the Institute of Chartered Accountants in England and Wales in 2010; Bundesver dienstkreuz Germany’s Cross of the Order of Merit, one of the highest distinction by the Federal Republic of Germany in 2014; first of a network of international ambassadors for championing London across the globe by the Mayor of London in 2017.

Mr. Parekh is also a Director in Siemens Limited, HDFC Capital Advisors Limited, National Investment and Infrastructure Fund Limited, Schloss Bangalore Limited, H. T. Parekh Foundation, Breach Candy Hospital Trust, Indian Institute of Human Settlements, The School of Ultimate Leadership Foundation (SOUL), DP World Limited Dubai, Economic Zones World FZE, UAE.

Mr. Deepak S. Parekh does not hold full-time position in any other company or body corporate.
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Mr. Deepak S. Parekh

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Ms. Renu Sud Karnad is a Non-Executive Non-Independent Director on the Board of the Company since July 4, 2000. She was the Managing Director of erstwhile HDFC Limited from 2010 till June 30, 2023. From 1st July 2023, she is a Non-Executive and Non-Independent Director on the Board of HDFC Bank. She holds a Master’s degree in Economics from the University of Delhi and a Bachelor’s degree in Law from the University of Mumbai. She is a Parvin Fellow - Woodrow Wilson School of Public and International Affairs, Princeton University, USA. Ms. Karnad has to her credit, numerous awards, and accolades. Prominent among them being featured in list of ‘25 top non-banking women in finance’ by U.S. Banker magazine, listed by Wall Street Journal Asia as among the ‘Top Ten Powerful Women to Watch Out for in Asia’, ‘Outstanding Woman Business Leader’ by CNBC-TV18, 25 Most Influential Women Professionals in India by India Today.

Ms. Karnad is a Director on the Board of HDFC Capital Advisors Limited, GlaxoSmithKline Pharmaceuticals Limited, HDFC Bank Limited, EIH Limited, Bangalore International Airport Limited, HDFC ERGO General Insurance Company Limited, PayU Payments Private Limited, Nudge Lifeskills Foundation.

Ms. Renu Sud Karnad does not hold full-time position in any other company or body corporate.
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Ms. Renu S. Karnad

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Mr. V Srinivasa Rangan is a Non-Executive Non-Independent Director (Nominee of HDFC Bank Ltd.) on the Board of the Company with effect from January 12, 2024. He is also the Executive Director (i.e., Whole-time Director) of HDFC Bank (Promoter of the Company). He was the Executive Director and Chief Financial Officer of erstwhile HDFC Limited. He holds a Bachelor's degree in Commerce from University of Delhi, Graduate member of the Institute of Cost Accountants of India and is an Associate of the Institute of Chartered Accountants of India (ICAI). He is an expert in finance, accountancy, audit, economics, corporate governance, legal &amp; regulatory compliance, risk management and strategic thinking. He has vast experience in housing finance and real estate sector. Mr. Rangan has worked on international consulting assignments in housing finance in Ghana and the Maldives. He has been a member of various committees related to financial services such as RBI's Committee on Asset Securitisation and Mortgage-Backed Securitisation, Technical Group formed by National Housing Bank (NHB) for setting up of a Secondary Mortgage market Institution in India, NHB’s Working Group on Covered Bonds and NHB's Working Group on Credit Enhancement Mechanism. Mr. Rangan was conferred the 'Best CFO in the Financial Sector for 2010' by ICAI. He was also honoured with 'Lifetime Achievement Award' at the sixth edition of Financial Express CFO Awards 2023.&nbsp;

Mr. Rangan also serves as Non-Executive Nominee Director on the Board of Credila Financial Services Limited and Executive Director of HDFC Bank Limited. 
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Apart from HDFC Bank Limited, Mr. Rangan does not hold full-time position in any other company or body corporate.
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Mr. V. Srinivasa Rangan

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Ms. Roshni Nadar Malhotra is an Independent Director on the Board of the Company with effect from April 27, 2019. She is the Chairperson of the Board of Vama Sundari Investments (Delhi) Private Limited and she is also the Chairperson of HCL Corporation Private Limited and HCL Capital Private Limited, both registered NBFC-ML with RBI, New Delhi. Ms. Nadar Malhotra has approx. 14 years of experience in managing affairs of NBFCs under HCL Group.&nbsp;

Ms. Nadar Malhotra, being Chairperson of the Treasury Committee of the Vama Sundari Investments (Delhi) Private Limited and HCL Corporation Private Limited, is actively involved in treasury management. Ms. Nadar Malhotra is the Chairperson of HCL Technologies Limited, a leading global technology organisation with a market capitalization of $60 billion, headquartered in India.&nbsp;

Ms. Nadar Malhotra is Trustee of the Shiv Nadar Foundation (Foundation). Since its inception, the Foundation has invested $1.5 billion in nation building institutions and driving transformational leadership. Ms. Nadar Malhotra is also the Chairperson and driving force behind VidyaGyan, a leadership academy working towards nurturing future leaders from economically disadvantaged, meritorious rural students of India who can be catalysts of change for their communities, villages and the nation at large. She is the Managing Trustee of ‘The Habitats Trust’ engaged in protecting India’s natural habitats and its indigenous species.&nbsp;

Ms. Nadar Malhotra is a member of the Dean’s Advisory Council at the MIT School of Engineering, USA and also a member of the Kellogg School of Management Executive Board for Asia. She serves on the board of directors of US-India Strategic Partnership Forum (USISPF) and is on the global board of directors of The Nature Conservancy (TNC). 
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In recognition of her outstanding work both in business and in philanthropy, Ms. Nadar Malhotra has received several honors and accolades. France’s highest civilian award Chevalier de la Légion d’Honneur (Knight of the Legion of Honour) has been conferred on her in 2024.&nbsp;

In 2024, she was featured for the eighth consecutive year in ‘The World’s 100 Most Powerful Women’ list, compiled and released by Forbes.&nbsp;

Ms. Nadar Malhotra holds an undergraduate degree in Communications from Northwestern University and an MBA from the Kellogg School of Management. At Kellogg, she was awarded the Dean’s Distinguished Service Award. In 2023, Ms. Nadar Malhotra was conferred with the Schaffner Award by Kellogg for her contribution to the society. Ms. Nadar Malhotra was conferred with Lewis Institute Community Changemaker Award by Babson College in 2017.

Ms. Malhotra also serves as Director on the Board of HCL Technologies Limited, HCL Capital Private Limited, HCL Corporation Private Limited, SSN Investments (Delhi) Private Limited, Vama Sundari Investments (Delhi) Private Limited, SSN Investments (Pondi) Private Limited, Blueberry Investments (Chennai) Private Limited, Guddu Investments (Chennai) Private Limited, Julian Investments (Chennai) Private Limited, SSN Investments (Chennai) Private Limited, Slocum Investments (Chennai) Private Limited, HCL IT City Lucknow Private Limited, KRN Education Private Limited, HCL Sterna Private Limited, HCL Avitas Private Limited and HCL Games Private Limited.

Apart from HCL IT City Lucknow Private Limited, Ms. Malhotra does not hold full-time position in any other company or body corporate.
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Ms. Roshni Nadar Malhotra

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Mr. Dhruv Kaji is an Independent Director on the Board of the Company with effect from October 31, 2018. He was Finance Director of Raymond Limited, Executive Director of Pines worth Holdings Pte. Ltd. (Singapore) and a Director on the Boards of Raymond Apparel Limited, Colorplus Fashions Limited, Hindustan Oil Exploration Company Limited, Balaji Telefilms Limited, Balaji Motion Pictures Limited, Network18 Media &amp; Investments Limited and TV18 Broadcast Limited; he was also on the advisory board of Essar Steel Limited. He is currently an advisor, evaluating and guiding business projects, strategies and organisational development, both in India and abroad.&nbsp;

Mr. Kaji is also on the Board of Ceinsys Tech Limited.

Mr. Dhruv Kaji does not hold full-time position in any other company or body corporate.
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Mr. Dhruv Subodh Kaji

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Mr. Jairaj Purandare is an Independent Director on the Board of the Company with effect from October 31, 2018. He is a Fellow member of The Institute of Chartered Accountants of India and holds a Bachelor of Science (Hons.) from University of Bombay. He has completed the YPO Presidents Program from Harvard Business School. Mr. Purandare has over four decades of experience in accounting, tax and business advisory matters. He is the Founder Chairman of JMP Advisors Private Limited, a leading advisory, tax and regulatory services firm, based in Mumbai, India.&nbsp;

He was Regional Managing Partner, Chairman – Tax and Country Leader Markets &amp; Industries of Pricewaterhouse Coopers, India. He was earlier Chairman of Ernst &amp; Young India (EY) and Country Head of the Tax &amp; Business Advisory practice of Andersen India. He has significant expertise in advising large and multinational clients across various sectors viz. Financial Services, Infrastructure, Power, Telecom, Media, Pharma and Auto sectors.&nbsp;

International Tax Review (Euromoney), in its report World’s Leading Tax Advisors has named Jairaj several times as among the leading Tax Advisors in India. 
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Mr. Purandare is a regular speaker at seminars in India and abroad and has presented several papers in areas of his expertise, including inbound/outbound investment structuring, international tax, transfer pricing, M&amp;As, Indian Budget and Economy. 
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Mr. Purandare is an Independent Director in listed companies viz. Piramal Pharma Limited, CIE Automative India Limited, Indegene Limited and at PayU Payment Private Limited, an unlisted company. He also holds directorship in JMP Advisors Private Limited.&nbsp; 
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&nbsp;Mr. Purandare is a steering committee member of the ITSG International Network and a member of the City of London Advisory Council for India. He is a former member of the National Council of Confederation of Indian Industry (CII) and former Chairman of the Taxation Committee of CII. He has been a member of the Central Direct Taxes Advisory Committee, chaired by the Finance Minister. Mr. Purandare was also the Regional Networks Chair and Finance Chair of YPO Gold and continues to be a member.

Mr. Purandare is also a Director in Piramal Pharma Company Limited, Indegene Limited, CIE Automotive Indian Limited, PayU Payments Private Limited, JMP Advisors Private Limited, and Designated Partner in J M Purandare &amp; Co LLP.

Mr. Jairaj Purandare does not hold full-time position in any other company or body corporate.
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Mr. Jairaj Purandare

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Mr. Parag Shah is an Independent Director on the Board of the Company with effect from January 22, 2019. He is Founder and Partner of Amara Partners, a mid-market Private Equity fund. Amara Partners provides growth capital to businesses and supports entrepreneurs in strategy, innovation, digitisation, change management, governance and business transformation.&nbsp;

In a career spanning over 25 years, Mr. Shah has held various positions with the Mahindra Group and in his last role, he was a Member of the Group Executive Board. Mr. Shah has extensive experience in building new businesses, turnarounds, joint ventures, mergers &amp; acquisitions and IPOs. He was the Managing Partner of Mahindra Partners, the 1 Bn USD Private Equity and Venture Capital division of the Group that was in charge of diverse businesses like Logistics, Renewable Energy, Retail, Manufacturing (Steel components, Conveyor Systems, Boats), Consulting, Media and Healthcare. He had also set up the Group Silicon Valley office for technology investments and start-up partnerships. Mr. Shah was Chairman of GPMD program, Co Chairman of the Group Diversity Council, Member of Group Sustainability &amp; an Executive Committee member of various councils of Mahindra Learning University. He was the Group lead for business representation in Israel.&nbsp;

Mr. Shah is a Director on several companies such as Mahindra Accelo, Mahindra Waste to Energy, The Indian and Eastern Engineer Company, Global Chess League (Geneva) &amp; PSL Media and Communication. He is also an Independent Director on the board of Lumax Auto Technologies Limited and Thermax Limited.&nbsp;

Mr. Shah holds a BS degree in Computer Engineering from the Illinois Institute of Technology with special electives in Psychology and Manufacturing Technology. He is also a graduate of the General Management Program from Harvard Business School.&nbsp;

Mr. Shah has been an Executive Committee Member of the CII National Committee on Private Equity and Venture Capital, FICCI Solar Energy Task Force, CII National Committee on Renewable Energy, CII National Healthcare Council, American Alumni Association in addition to other external associations. He is also an angel investor &amp; is on the Board of Trustees of The IndUS Entrepreneurs (TiE), Mumbai.&nbsp;

Mr. Shah has been recognized by Economic Times &amp; Spencer Stuart as India’s Top 40 Business Leaders under the age of 40. He was also featured by India Today as ‘Leaders of Tomorrow’ in their anniversary issue. Mr. Shah is affiliated with various NGO associations such as Sabarkanta Relief Committee and S&amp;G Charitable Trust. He has also been a Founder Director of 'Executives Without Borders,' an NGO based in USA.

 
Mr. Shah is also a Director in Mahindra Accelo Limited, The Indian and Eastern Engineer Company Private Limited, Blue Planet Integrated Waste Solutions Limited, PSL Media &amp; Communications Limited, Tech Mahindra Global Chess League AG, Lumax Auto Technologies Limited, Thermax Limited and Designated Partner in Amara Partners LLP.

Mr. Parag Shah does not hold full-time position in any other company or body corporate.
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Mr. Parag Shah

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Mr. Sanjay Bhandarkar is an Independent Director on the Board of the Company with effect from October 31, 2018. He has over three decades of corporate finance, advisory and investment banking experience in the country. He is also currently an independent non-executive director on the boards of other listed companies; Tata Power Company Limited, Chemplast Sanmar Limited and Tata Consultancy Services Limited, one unlisted company; Tata Projects Limited and on the board of the National Investment and Infrastructure Fund Limited as a shareholder nominee.&nbsp;

Mr. Bhandarkar is also on the Investment Committee of the South Asia Growth Fund II and III of GEF Capital Partners as an external IC member. He is on the advisory board of 1Crowd, a seed capital stage online investing platform which has also raised a SEBI approved fund for seed stage investing.&nbsp;

Mr. Bhandarkar started his career with ICICI in 1990 and ISec, the joint venture between ICICI and JP Morgan, and then spent two years with Peregrine Capital. He was part of the founding team of Rothschild India in 1998 and played a key role in establishing Rothschild as a well-recognised and respected pure play advisory investment banking firm in India. He led the Rothschild India business from December 2005 to June 2016 when he stepped down from his full-time role.&nbsp;

Mr. Bhandarkar 's focus at Rothschild was on M&amp;A as well as equity capital market advisory for Indian and international companies. He led the teams that worked closely with the Government of India on the 3G and BWA spectrum auctions, the first e-auctions done in India, and on the restructuring of the Enron and GE owned Dabhol power project, one of the largest and most complex restructurings to date. Mr. Bhandarkar did B. Com. from University of Pune and MBA from XLRI, Jamshedpur in 1990. He lives in Mumbai.

Mr. Bhandarkar is also a Director in The Tata Power Company, Chemplast Sanmar Limited, Tata Consultancy Services Limited, Tata Projects Limited, National Investment and Infrastructure Limited, Newage Power Pvt Limited.

Mr. Sanjay Bhandarkar does not hold full-time position in any other company or body corporate.
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Mr. Sanjay Bhandarkar

<div class="drupal">Mr. Navneet Munot is the Managing Director &amp; Chief Executive Officer of the Company with effect from February 16, 2021. HDFC AMC manages over ₹ 7.5 Lakh Crore across equity and fixed income funds and serves 1.3 Crore individual and institutional investors. Mr. Munot is also on the board of HDFC International (IFSC) Limited. Mr. Munot is chair of the Advisory Committee on Environmental, Social and Governance (ESG) constituted by SEBI and serves as a member of the Board of the National Institute of Securities Markets (NISM), established by SEBI to enhance capacity and quality standards in the securities markets. He is also a board member of Bombay Chamber of Commerce and Industry (BCCI).&nbsp;In his prior role, he served as Executive Director and Chief Investment Officer (CIO) at SBI Funds Management Private Limited, where he was a key member of the Executive Committee since December 2008. As CIO, he was responsible for overseeing investments exceeding $150 billion across various asset classes in mutual funds and segregated accounts. He also served as a nominee director on the Board of SBI Pension Funds Private Limited. In a career spanning over three decades, Mr. Munot also worked with Morgan Stanely Investment management and Birla Sunlife Mutual fund.&nbsp;Mr. Munot holds a Master’s degree in Accountancy and Business Statistics and is a qualified Chartered Accountant. He is also a charter holder of the CFA Institute and the CAIA Institute. Mr. Munot has completed the Financial Risk Management (FRM) programme from the Global Association of Risk Professionals.Mr. Munot is also on the Board of HDFC AMC International (IFSC) Limited, Association of Mutual Funds in India, Bombay Chamber of Commerce and Industry.Apart from the Company, Mr. Navneet Munot does not hold full-time position in any other company or body corporate.</div>

Mr. Navneet Munot

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Mr.Annaswamy Vaidheesh;&nbsp;has been appointed as an Additional (Independent) Director on the Board of HDFC Trustee Company Limited with effect from July 4, 2024. He is the Executive Chairperson of Suven Pharmaceuticals Limited with effect from September 29, 2023. As Executive Chairperson, he oversees the company's overall business operations. He is a successful senior business leader from the most admired Fortune 100 company with more than 40 years of diverse experience in health care and FMCG Industry including Johnson and Johnson, Pfizer, GSK and Suven Pharmaceuticals.

He has proven expertise in general management with a strong background in market creation,&nbsp; leadership development&nbsp;and rich experience in building strong leadership for brands/franchises across varied categories (healthcare, and FMCG) and in multi-grid and multi-cultural locations in the Asia-Pacific region.

He has amassed a wealth of experience in the industry. He held significant positions, including the President of OPPI (Organization of Pharmaceutical Producers of India) and Chairman of various committees and councils of Industry bodies in India and the region. He was recognised by various prestigious organisations like the Economic Times for his leadership capabilities.&nbsp;Additionally, he has served as an operating partner with Advent International.
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Mr. Annaswamy Vaidheesh

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Mr. Bhavesh Zaveri&nbsp;has been appointed as an Additional (Non-Executive Non-Independent) Director (Nominee of HDFC Bank Limited) on the Board with effect from December 30, 2023. He&nbsp;is the Executive Director of HDFC Bank and in-charge of Operations &amp; Cash Management Product. In his current role, he is responsible for Business and Operations across the country and for creating and delivering a flawless operations execution capability across the diversified product suite of the Bank to the Corporate, MSME &amp; Retail verticals including for Asset, for Liabilities and for Transaction Services of Payments &amp; Cash Management, Trade Finance &amp; Treasury, and ATM Product.

Mr. Zaveri has an overall experience of over 38 years and has headed the critical functions of Operations, Cash Management and Technology at the Bank. He joined the Bank in 1998 in the Operations function. He became Business Head – Wholesale Banking Operations in the year 2000 and was appointed as Group Head - Operations in 2009. He assumed additional responsibilities of the Information Technology function in 2015. In his previous role as Group Head - IT, he has contributed to the Digital transformation of the Bank by embracing technology to ensure operational efficiency resulting in improved customer experience across different product offerings of the Bank.

Mr. Zaveri has also participated in RBI’s Internal Payments Council Meet and was part of the Umbrella Organization for Payments Committee of 2004 that led to the formation of National Payment Corporation of India (NPCI). He is the only elected Indian from India on the SWIFT Scrl Global Board, Brussels. He has been featured twice in the “Who’s Who in Treasury and Cash Management” by Global Trade Review. He has also been a member of various committees formed by the Reserve Bank of India and Indian Banks’ Association. He also previously served on the Board of SWIFT Scrl - Brussels, Swift India Domestic Services Private Limited, The Clearing Corporation of India Limited, National Payment Corporation of India Limited, Goods &amp; Service Tax Network Limited, HDB Financial Services Limited and HDFC Securities Limited.

Prior to joining the Bank, Mr. Zaveri worked for Oman International Bank and Barclays Bank. He holds a Master’s Degree in Commerce from Mumbai University and is a Certified Associate of the Indian Institute of Bankers.
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Mr. Bhavesh Zaveri

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Mr. Dindayal Jalan has been appointed as an Independent Director on the Board with effect from November 1, 2019. Mr. Jalan is pursuing an entrepreneurial stint by developing projects in Agriculture and allied space and promoting start ups through angel network. He superannuated in late 2016 as the Group Chief Financial Officer of Vedanta Resources Plc. and as Executive Director and Chief Financial Officer (CFO) of Vedanta Limited.

Mr. Jalan started his career in 1978 with Aditya Birla Group's Hindusthan Gas &amp; Industries Ltd and was instrumental in transforming iron ore business of the associate Essel Mining to a mechanised mining &amp; setting up a new SME business. He moved to Birla Copper where he was responsible for raising finance, setting up of business process and system, organisation building for finance, concentrate procurement, marketing and commodity hedging.

Mr. Jalan joined Sterlite Industries, now Vedanta, in 2001 and led the turnaround of operation and developed a good understanding of working in a multicultural environment. He moved to the position of CFO of Sterlite in 2003 and then to the CFO of Vedanta Resources PLC, a FTSE 250, London listed co, in 2005. He is also a director on the Board of various other companies.
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Mr. Dindayal Jalan

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Mr. Vimal Bhandari has been appointed as an Independent Director on the Board with effect from May 27, 2017. He is an accomplished, dedicated and focused professional with experience of over thirty-five years in a range of businesses in the financial services industry, of which twenty five years have been at the Board of Directors level.

He is presently associated as the Executive Vice Chairman and CEO with Arka Fincap Limited (AFL). AFL is a wholly owned subsidiary of Kirloskar Oil Engines Limited and was established in 2018.&nbsp;He has long and rich experience of building businesses from inception stage (startup &nbsp;team of IL&amp;FS, first&nbsp;country head of AEGON, first CEO of lndoStar Capital &nbsp;and &nbsp;Arka &nbsp;Fincap) &nbsp;and &nbsp;managing their growth and scale has honed skills &nbsp;and &nbsp;experience &nbsp;in &nbsp;business &nbsp;strategy, planning, execution with a strong &nbsp;bottom-line &nbsp;focus, &nbsp;meeting &nbsp;the expectations of key stakeholders, recruiting, &nbsp;leading and managing senior management talent and providing an environment&nbsp; of&nbsp; support&nbsp; for&nbsp; performers.

A firm&nbsp; believer in&nbsp; building businesses using&nbsp; processes and procedures, and operating in an ethical framework of governance, Mr. Bhandari has an unblemished record of dealing with various&nbsp; stakeholders across&nbsp; the spectrum, including institutional investors, banks, and&nbsp;corporates.&nbsp;He serves as an Independent Director on Boards of various&nbsp;companies in diverse business segments including Bharat Forge, Kalpataru Power,&nbsp;HDFC&nbsp;Trustee, JK Tyre, DCM Shriram.Mr. Bhandari is a&nbsp;Commerce graduate from Mumbai University (Sydenham&nbsp;College) and Chartered Accountant from the Institute of Chartered Accountants of India.
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