Deepak M Satwalekar retired as the Managing Director and Chief Executive Officer (MD & CEO) of HDFC Standard Life Insurance Company Ltd. in November 2008. Before taking on the responsibility of setting up and running the new Insurance company in the year 2000, Deepak was the Managing Director of HDFC, the country’s largest mortgage lender.
Deepak received a B.Tech. in Mechanical Engineering from IIT, Bombay, and a M.B.A. from The American University, Washington D.C..
Deepak has consulted for the World Bank, the Asian Development Bank, and other bilateral and multilateral agencies in several countries.
Besides being a recipient of the “Distinguished Alumnus Award” from IIT, Bombay, he is on the Advisory Council of the IIT, Bombay. He has been a member of/chaired several industry, Reserve Bank of India and government expert groups. He also serves as an independent director on the boards of some large companies in India.
Deepak serves on the India Advisory Board of a large European Bank and is currently active on the Board of Trustees of Isha Vidhya (ishavidhya.org) and Teach to Lead(teachforindia.org), which are engaged in the field of primary education for the low income and socially disadvantaged members of society in rural and urban India respectively. He is an adviser to Private Equity and Venture Capital firms.