Keki M Mistry appointed as new Chairman of HDFC Life Insurance

HDFC's new appointment: HDFC Life Insurance Company, a prominent player in insurance sector, has recently witnessed a significant change in its leership structure. Deepak S Parekh, a veteran in industry, has decided to step down from his role as Chairman and Non-Executive Director of company. In light of Parekh's departure, company has appointed Keki M Mistry as new Chairman of Board, company told in its exchange filing on Thursday. 

Mistry brings with him a wealth of experience and expertise, having held various leership positions in financial services sector.

transition in leership comes at a crucial juncture for HDFC Life, as insurance industry continues to evolve in response to changing market dynamics and customer preferences. 

Under Mistry's leership, company is expected to pursue innovative strategies, expand its market presence, and enhance its product offerings to meet evolving needs of customers.

With Reuters Inputs