piramal enterprises ltd
(PIEL:Natl India)

Executive Profile*

Background*

Mr. Deepak M. Satwalekar serves as a Venture Advisor at Nexus Venture Partners. Mr. Satwalekar served as Chief Executive Officer and Managing Director at HDFC Standard Life Insurance Co., Ltd. from November 2000 to November 14, 2008. He served as a Consultant to World Bank, Asian Development Bank, the United States Agency for International Development (USAID) and the United Nations Human Settlements Programme (HABITAT). From 1993 to 2002, he served as the Managing Director ... of Housing Development Finance Corporation Limited. He worked at HDFC from 1979 to 2000. He serves as the Chairman of Reserve Bank of India and government expert groups. He has been an Independent Director of Infosys Ltd., since October 1997. He serves as a Director of HDFC Investments Ltd., HDFC Holdings Limited, Piramal Enterprises Ltd and Piramal Healthcare Ltd. (formerly, Nicolas Piramal India Limited). He serves as a Non Executive External Director of The Murugappa Group. He has been an Additional Director at The Tata Power Company Limited since February 12, 2008. Mr. Satwalekar has been an Independent Non Executive Director of Asian Paints Limited since May 30, 2000. He has been an Independent Director of IL&FS Transportation Networks Limited since June 30, 2009. He has been a Director of National Stock Exchange of India Ltd. since October 9, 2009. He has chaired and been a member of several expert groups related to industry, government and the Reserve Bank of India. He serves as an Independent Director of Franklin Templeton Asset Management (India) Private Limited. He served as Lead Independent Director at Infosys Ltd. from May 2003 to January 2010. He serves as Member of Advisory Board at RuralShores Business Services Pvt. Ltd. He served as a Director at GVFL Ltd. He served as a Director of HDFC Standard Life Insurance Co., Ltd. from November 14, 2008 to November 14, 2008. He served as a Non-Executive Director of Entertainment Network (India) Ltd., from November 5, 2005 to March 30, 2011. He served as a Non-Executive Independent Director of Arvind Ltd (formerly, Arvind Mills Ltd.) until May 1, 2007. He served as a Director of Tube Investments of India Limited until March 31, 2004. He served as an Independent Director of Housing Development Finance Corporation Ltd. from November 14, 2008 to November 13, 2010. He served as a Director of HDFC Bank Ltd., until July 2, 2002. He serves on the Advisory Council of IIT Bombay. Mr. Satwalekar is a recipient of the 'Distinguished Alumnus Award' from the Indian Institute of Technology, Mumbai. He holds a Bachelors degree in Technology in Mechanical Engineering from the Indian Institute of Technology, Mumbai and a Master's degree in Business Administration in Finance from the American University, U.S.A.

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