Deepak M Satwalekar was the Managing Director of HDFC Ltd., India’s first and largest specialized provider of housing finance. He then became Managing Director and CEO of HDFC Standard Life Insurance Co. Ltd. (2000-2008), the first private-sector life insurance company registered in India after 1956.
Mr. Satwalekar has also been a consultant to the World Bank, the Asian Development Bank, the United States Agency for International Development (USAID), and the United Nations Human Settlements Programme (HABITAT).
He serves on the India Advisory Board of a large European bank, and is active on advisory boards of several non-profit organizations supporting primary education for the low-income and underprivileged communities in rural and urban India. He is on the board of SINE, a technology incubator at IIT, Bombay. He also advises a venture capital fund.
Mr. Satwalekar has chaired the RBI Committee on corporate governance in public sector banks, and is a member of several industry and government groups, including IRDA and PFRDA.
Mr. Satwalekar received the Distinguished Alumnus Award from the Indian Institute of Technology (IIT), Bombay.
He is currently the Chairman on the Board of Governors of the Indian Institute of Management, Indore.