Paresh Parasnis

Mr. Paresh Parasnis, a Fellow of the Institute of Chartered Accountant of India and a graduate from Mumbai University, has more than 3 decades of experience in various aspects of finance and finance related activities with major strengths in strategy formulation, project management, building robust and customer-friendly servicing models. He worked with largest housing finance company, HDFC Limited, for close to 16 years in various capacities viz. Branch Manager, Chief of Management Services, Regional Manager where his last assignment was business development and overseeing operations in Maharashtra, Gujarat and Madhya Pradesh. He was also involved in setting up of first life insurance company in the private sector as a Project Manager, HDFC Standard Life Insurance Company. In November 2008, Mr. Parasnis was appointed as a full time member on the Board of Directors of HDFC Standard Life Insurance Company and served as the Executive Director and COO for close to three and half years. He was also a member of Board Committees and Chair / Member of internal Management Committees of HDFC Standard Life Insurance Company Ltd.

Currently, Mr. Parasnis is a Chief Executive Officer of Piramal Foundation handling overall responsibility for governance, stakeholder management, development & implementation of social impact projects implemented by Piramal Foundation. He is also an Independent Director on the Board of Kotak Mahindra Life Insurance Company Limited and associated with Collective Good Foundation and Shoshit Seva Sangh as a Trustee.