Mumbai, April 18 -- Veteran banker Deepak Parekh has resigned from his positions as Chairman and Non-Executive Director of HDFC Life Insurance, the company said in an exchange filing on Thursday.

Deepak S Parekh has decided to step down as the Chairman and NonExecutive Director of the Company with effect from close of the business hours on April 18, 2024, the company said.

Keki M Mistry has been appointed the Chairman of the Board, the company said.

The board has unanimously approved the appointment of Keki M Mistry as the Chairman of the Board with immediate effect subject to approval of Insurance Regulatory and Development Authority, the company said.

The insurance company also stated that VK Viswanathan and Prasad Chandran will no ...