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HDFC Asset Management Company Ltd (HDFA.NS)

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Summary

Name Age Since Current Position

Deepak Parekh

74 2000 Non-Executive Chairman of the Board

Piyush Surana

2013 Chief Financial Officer

Prashant Jain

2004 Chief Investment Officer

Yezdi Khariwala

2005 Chief Compliance Officer

Milind Barve

60 2017 Managing Director, Executive Director

Alok Sheopurkar

2006 Head of Human Resources

John Mathew

2003 Head of Client Services

V. Suresh Babu

2000 Head of Operations

Kiran Kaushik

2007 Head of Sales and Distribution

Sylvia Furtado

2006 Company Secretary

James Aird

57 2009 Non-Executive Director

Renu Karnad

66 2000 Non-Executive Director

Keki Mistry

63 2007 Non-Executive Director

Norman Skeoch

61 2005 Non-Executive Director

Rajeshwar Bajaaj

75 2014 Independent Director

Hoshang Billimoria

67 2014 Independent Director

Humayun Dhanrajgir

81 2014 Independent Director

Roshni Malhotra

2019 Additional Independent Woman Director

Vijay Merchant

73 2014 Independent Director

Deepak Phatak

71 2014 Independent Director

P. Thampi

84 2014 Independent Director

Biographies

Name Description

Deepak Parekh

Mr. Deepak S. Parekh is Non-Executive Chairman of the Board of the Company. He has been on our Board since July 4, 2000. He is also the non-executive director and chairman of one of our Promoters, HDFC. He is an associate of the Institute of Chartered Accountants (England and Wales). He is on the board of several leading companies across diverse sectors. He has won several awards, which includes Padma Bhushan conferred by Government of India in 2006, ‘Bundesverdienstkreuz’, which is Germany’s Cross of the Order of Merit, being one of the highest distinction by the Federal Republic of Germany, in 2014, “Knight in the Order of the Legion of Honour”, one of the highest distinction by the French Republic, in 2009 and he was also the first international recipient of the Outstanding Achievement Award by Institute of Chartered Accountants in England and Wales, in 2010.

Piyush Surana

Mr. Piyush Surana is Chief Financial Officer of the Company. He holds a bachelor’s degree in Commerce and a bachelor’s degree in law from the University of Jodhpur. He is also a member of the Institute of Chartered Accountants of India and certified financial planner from Financial Planning Standards Board India. He has been associated with our Company for over five years and was appointed as the Chief Financial Officer of our Company with effect from February 25, 2013. Prior to joining our Company, he was associated with Daiwa Asset Management (India) Private Limited, Shinsei Corporate Advisory Services Private Limited and Alliance Capital Asset Management (India) Private Limited.

Prashant Jain

Mr. Prashant Jain is Chief Investment Officer of the Company. He holds a bachelor’s degree in Technology from the Indian Institute of Technology, Kanpur and holds a post graduate diploma in Management from Indian Institute of Management, Bangalore. He is also a designated Chartered Financial Analyst from the Chartered Financial Analyst Institute, USA. He has been associated with our Company for over 14 years since June 20, 2003 and was appointed as the Chief Investment Officer of our Company with effect from July 1, 2004. Prior to joining our Company, he was associated with Zurich Asset Management Company (India) Private Limited and SBI Mutual Funds Management Private Limited.

Yezdi Khariwala

Mr. Yezdi Khariwala is Chief Compliance Officer of the Company. He holds a bachelor’s degree in Commerce from University of Bombay and holds a post graduate diploma in Securities Law from Government Law College. He has been associated with our Company for over 14 years since May 17, 2004 and was appointed as the Chief Compliance Officer of our Company with effect from July 14, 2005. Prior to joining our Company, he was associated with Sun F&C Asset Management (I) Private Limited and Tata Share Registry Limited.

Milind Barve

Mr. Milind Barve is Managing Director, Executive Director of the Company since July 4, 2000. He has a bachelor’s degree in Commerce from University of Poona and he is also a fellow of the Institute of Chartered Accountants of India. He has been associated with HDFC in the capacity of general manager – treasury where he headed the treasury operations at HDFC for 14 years and was responsible for the management of HDFC’s treasury portfolio and for raising funds from financial institutions and capital markets. He was also the head of marketing for retail deposit products and responsible for investment advisory relationships for Commonwealth Equity Fund Mutual Fund and Invesco India Growth Fund.

Alok Sheopurkar

Mr. Alok Sheopurkar is Head of Human Resources of the Company. He holds a bachelor’s degree in Commerce, a bachelor’s degree in law and a master’s degree Personnel Management and Industrial Relations from Jiwaji University, Gwalior. He has been associated with our Company for over 12 years and was appointed as the as the Head of Human Resources of our Company with effect from May 5, 2006. Prior to joining our Company, he was associated with Tata - AIG General Insurance Company Limited, Tata - AIG Life Insurance Company Limited, Cadbury India Limited and Crompton Greaves Limited.

John Mathew

Mr. John Mathew is Head of Client Services of the Company. He holds a bachelor’s degree in Commerce from University of Bombay, holds a post graduate diploma in Systems Management from National Institute of Information Technology, has completed the Executive Program in Management from Columbia School of Business, USA and is a certified Anti Money Laundering Specialist affirmed by Association of Certified Anti- Money Laundering Specialists. He has obtained certification from National Institute Securities Markets – Series V A Mutual Fund Distributors. He has been associated with our Company for over 17 years since July 1, 2000 and was appointed as the Head of Client Services of our Company with effect from October 28, 2003. He has also been appointed as the Principal Officer under the Prevention of Money Laundering Act, 2002 and as the Responsible Officer under Foreign Account Tax Compliance Act of USA. Prior to joining our Company, he was associated with Housing Development Finance Corporation Limited, Weizmann Limited and Wall Street Finance Limited.

V. Suresh Babu

Mr. V. Suresh Babu is Head of Operations of the Company. He holds a bachelor’s degree in Commerce from University of Bangalore and is also a member of the Institute of Cost and Works Accountants of India. He has been associated with our Company for over 18 years and was appointed as the Head of Operations of our Company with effect from May 3, 2000. Prior to joining our Company, he was associated with Sundaram Newton Asset Management Company Limited and Canbank Investment Management Services Limited.

Kiran Kaushik

Mr. Kiran M. Kaushik is Head of Sales and Distribution of the Company. He holds a bachelor’s degree in commerce from University of Bangalore. He has been associated with our Company for over 17 years since March 1, 2001 and was appointed as the Head of Sales and Distribution of our Company with effect from January 2, 2007. Prior to joining our Company, he was associated with Union Bank of India.

Sylvia Furtado

Ms. Sylvia Furtado is Company Secretary of the Company. She holds a bachelor’s degree in Commerce from University of Bombay, bachelor’s degree in law from University of Bombay and is an associate member of the Institute of Company Secretaries of India. She has been associated with our Company for over 12 years since September 1, 2005 and was appointed as the Company Secretary with effect from January 25, 2006. Prior to joining our Company, she was associated with HDFC Bank Limited and CEAT Limited.

James Aird

Mr. James Baird Aird is Non-Executive Director of the Company since April 23, 2009. He holds a degree in Economics from Edinburgh University. He has been the Chief Executive of Ignis Investment Services Limited, since 2015, where he is responsible for the day to day management of the business. In addition, he is Head of Corporate Development for Standard Life Aberdeen plc (formerly Standard Life plc) where he focuses on developing new international business, joint ventures and mergers and acquisitions and has responsibility for corporate finance. He joined Standard Life Aberdeen plc in 1997 and has held a number of senior roles within Standard Life Aberdeen plc including as Chief Executive of Standard Life Investments mutual fund business and as a director of Standard Life Investments (Asia) in Hong Kong.

Renu Karnad

Mrs. Renu Sud Karnad is Non-Executive Director of the Company. She has been on the board of the Company since July 4, 2000. She is also the managing director of one of our Promoters, HDFC. She holds a bachelor’s degree in Law from the University of Mumbai and a master’s degree in Economics from the University of Delhi. She is a Parvin Fellow – Woodrow Wilson School of International Affairs, Princeton University, USA. She joined HDFC in 1978 and was appointed as executive director in 2000. She was re-designated as the Joint Managing Director of HDFC in 2007 and was appointed as the managing director with effect from January 1, 2010. Some of her recent recognitions include, being awarded ‘Outstanding Woman Business Leader’ at the CNBC-TV18 Indian Business Leader Awards 2012, being part of the 25 Most Influential Women Professionals in India – India Today Magazine’s power list 2011, being featured amongst the list of ‘25 top non-banking women in finance’ by U.S. Banker magazine and Wall Street Journal Asia adjudged her among the ‘Top Ten Powerful Women to Watch Out for in Asia’.

Keki Mistry

Shri. Keki Minoo Mistry is Non-Executive Director of the Company since December 24 2007. He is also the vice chairman and chief executive officer of one of our Promoters, HDFC. He is a fellow of the Institute of Chartered Accountants of India. He joined HDFC in 1981. He was appointed as an executive whole-time director of HDFC in 1993, as the deputy managing director in 1999 and as the managing director with effect from 2000. He was re-designated as the vice-chairman and managing director of HDFC in October 2007 and as the vice chairman and chief executive officer, with effect from January 1, 2010. Some of his recent recognitions include, being awarded “Best Independent Director Award 2014” by Asian Centre for Corporate Governance & Sustainability, the Best CEO Financial Services (Large Companies) 2014 by Business Today magazine, honoured with the ‘CA Business Achiever of the year’ award in the Financial Sector by the Institute of Chartered Accountants of India in 2011 and CNBC TV18's - CFO of the Year for 2008. He is the chairman of the CII National Council on Corporate Governance and a member of the Committee on Corporate Governance set up by SEBI.

Norman Skeoch

Mr. Norman Keith Skeoch is Non-Executive Director of the Company. He has been appointed as a nominee of Standard Life Investments. He has been on our Board since October 26, 2005. He holds a Bachelor of Arts degree in Economics from University of Sussex, United Kingdom and Master of Arts degree in Economics from University of Warwick. He has been on the board of Standard Life Aberdeen plc (formerly known as Standard Life plc) since 2006 and was appointed chief executive officer in 2015, having been the chief executive officer at Standard Life Investments Limited, one of our Company’s Promoters, since 2004. He is a non-executive director of the Financial Reporting Council in the United Kingdom.

Rajeshwar Bajaaj

Mr. Rajeshwar R. Bajaaj is Independent Director of the Company. He has been a director on the Board since October 26, 2005. He holds a bachelor’s degree in Science. He has been associated with Lerch Bates & Associates Inc. He was the chairman of the board of directors and managing director of Otis Elevator Co. (India) Limited. Thereafter, he had worked with Special Olympics Inc. as the managing director, Asia Pacific. He is also a director on the board of various companies.

Hoshang Billimoria

Mr. Hoshang Shavaksha Billimoria is Independent Director of the Company. He has been on our Board since July 4, 2000. He holds a bachelor’s degree in Commerce from University of Bombay and he is a fellow of the Institute of Chartered Accountants (England and Wales) and of the Institute of Chartered Accountants of India. He is presently the chief executive officer of Next Gen Publishing Private Limited. Prior to this, he was associated with Tata Infomedia Limited and at the time of his resignation, he was its vice-chairman and managing director. He was also the deputy chief executive officer with Tata Sons Limited. He was a partner with M/s S.B. Billimoria and Co. He was the president of the Council for Fair Business Practices.

Humayun Dhanrajgir

Mr. Humayun Dhanrajgir is Independent Director of the Company. He has been a Director on the Board since July 4, 2000. He holds a bachelor’s degree in chemical engineering from Loughborough University, M.I. Chem E (U.K.), C.Eng (U.K.) and has completed the advanced management programme from Harvard Business School. He has held various senior management positions in the erstwhile Glaxo India Limited, became the managing director in 1990 and retired as executive vice-chairman. He was also the president of the Organisation of Pharmaceuticals Producers of India. He also served as a member of the Bombay Chamber of Commerce and Industry. Subsequent to that he was the managing director of Lupin Laboratories Limited. He was also the managing director of Kodak India Limited for a five-year term and retired in October 2000. He was also with Burmah Shell India from 1964 to 1969 having served in senior positions. He is a trustee of Breach Candy Hospital Trust. Currently, he is the Chairman of Emcure Pharmaceuticals Limited and Next Gen Publishing Private Limited and serves on the boards of certain companies including listed entities as an independent director.

Roshni Malhotra

Vijay Merchant

Mr. Vijay Merchant was Independent Director of the Company. He has been a director on our Board since December 24, 2007. He holds a bachelor’s degree in Commerce from University of Bombay and has completed the post graduate diploma in Business Administration from Indian Institute of Management, Ahmedabad. He is a partner of Dynam Plastics. He has worked with Mafatlal Group of Companies in Administration. He was the president of Indian Plastics Institute and was the former president of the All India Plastic Manufacturing Association. He was the founder member of Indian Centre for Plastics in Environment. He was also associated with Indian Institute of Packaging (Ministry of Commerce), Indian Merchants Chamber, Enviroplast Plastindia Foundation, Indian Plastics Institute, The Plastic Export Promotion Council. He was the honorary editor of Industry Journal Plastics News. He has been conferred with the “Meritorious Service Award” by the Indian Plastics Institute in 2002, the “Best Presentation” award by Identiplast in 2007, an award for appreciation and gratitude by HDFC Bank and a golden jubilee year award by All India Plastics Manufacturers Association.

Deepak Phatak

Dr. Deepak B. Phatak, Ph.D., was Independent Director of the Company with effective November 29, 2019. He has been on our Board since July 4, 2000. He holds a bachelor’s degree in Electrical Engineering from University of Indore, a master’s degree in Technology from Indian Institute of Technology, Bombay (“IIT, Bombay”) and a Doctorate in Philosophy from IIT, Bombay. He has been associated with the IIT, Bombay and is presently a professor in the department of computer science & engineering. He is on the board of various other companies. Some of his recognitions include being awarded with a ‘Lifetime Achievement Award” in 2003 by Skoch, “Lifetime Achievement Award” conferred by Dataquest in 2008, “Excellence in Teaching” award by the IIT, Bombay in 2009, “Padma Shri” award conferred by the Government of India in 2013 for his contribution in science and technology, “Lifetime Achievement Award” conferred by the IIT, Bombay in 2014, “Lifetime Achievement Award” conferred by InterOp, Mumbai in 2014 and “Lifetime Achievement Award” conferred by Computer Society of India, in 2018.

P. Thampi

Mr. P. M. Thampi is Independent Director of the Company. He has been on our Board since July 4, 2000. He holds a bachelor’s degree in Science from University of Madras, a post-graduate diploma in Chemical Engineering from Battersea Polytechnic London. He is a corporate member of Institution of Chemical Engineers and has been conferred with the title “F.I. Chem. E.”. As a corporate member of the Institution of Chemical Engineers on the date of the grant of a Royal Charter to The Council of Engineering Institutions, he is entitled to use the title “Chartered Engineer”. He was the chairman and managing director of BASF India Limited for over 13 years. Prior to this, he was with Imperial Chemical Industries India (Private) Limited. His last position held at Imperial Chemical Industries (India) Private Limited was as the chief executive of the explosives division. He is also a director on the board of various companies.