HDFC ERGO - Board of Directors

Mr. Deepak S. Parekh (DIN: 00009078) is the Chairman of the Company and its holding company - Housing Development Finance Corporation Limited (HDFC), India’s premier Housing Finance Company. He is a fellow of The Institute of Chartered Accountants (England & Wales). He joined HDFC in a senior management position in 1978. He was inducted as a Whole-time Director of HDFC in 1985 and was appointed as its Managing Director (designated as 'Chairman') in 1993 and continued to be appointed as such from time to time. He retired as the Managing Director of HDFC with effect from the close of business hours on December 31, 2009.

Mr. Ritesh Kumar (DIN: 02213019) is the Managing Director and CEO of the Company. Mr. Kumar has about 25 years of experience in the Financial Services Industry, of which the first 10 years were in Banking and the last about 15 years in Insurance. Mr. Kumar is a commerce graduate from Shriram College of Commerce, Delhi and holds a MBA degree from Faculty of Management Studies (FMS), Delhi.

Mr. Keki M. Mistry (DIN: 00008886) is a Non- Executive Director of the Company. Mr. Mistry is the Vice Chairman & Chief Executive Officer of HDFC. He is a fellow of The Institute of Chartered Accountants of India. He has been employed with HDFC since 1981 and was appointed as the Executive Director in 1993. He was appointed as the Deputy Managing Director of HDFC in 1999 and as the Managing Director in 2000. He was last re-appointed as the Managing Director, designated as Vice Chairman of HDFC in for a period of 3 years w.e.f. November 14, 2015.

Ms. Renu Sud Karnad (DIN: 00008064) is a Non- Executive Director of the Company. Ms. Karnad is the Managing Director of HDFC. She holds a Master’s degree in economics from the University of Delhi and is a graduate in law from the University of Mumbai. She is a Parvin Fellow – Woodrow Wilson School of International Affairs, Princeton University, U.S.A. She has been employed with HDFC since 1978 and was appointed as the Executive Director in 2000 and was re-designated as its Joint Managing Director in October 2007 and thereafter appointed as its Managing Director w.e.f. January 1, 2010.

Mr. Bernhard Steinruecke (DIN: 01122939) is the Director General of Indo-German Chamber of Commerce. He studied Law and Economics in Vienna, Bonn, Geneva and Heidelberg and has a Law Degree from the University of Heidelberg in 1980 (Honours Degree) and passed his Bar exam at the High Court of Hamburg in 1983. Mr. Steinruecke was the former Co-CEO of Deutsche Bank India and Co-Owner and Speaker of the Board of ABC Privatkunden-Bank, Berlin. Mr. Steinruecke was appointed as an Independent Director of the Company for a period of 5 years w.e.f. September 9, 2016.

Mr. Alexander Ankel (DIN: 07798908) is a Non- Executive Director of the Company. Mr. Alexander Ankel is the Chief Operating Officer of ERGO International and the Appointed Chairman of the Board of Management of ERGO International AG since November 1, 2016. Prior to that until 2014, he was the Group CEO of Khazanah Nasional Berhad’s Insurance, Avicennia Capital Sdn. Bhd., Malaysia. During the period from 1997 to 2014, Mr. Ankel has held various positions at Allianz Group and lastly as Regional Chief Executive Officer - Asia of Allianz Global Corporate & Specialty SE, Singapore.

Mr. Theodoros Kokkalas is a Non-Executive Director of the Company. Mr. Theodoros Kokkalas is the Chief Executive Officer of ERGO Insurance Company S.A. (Greece), ERGO Grubu Holding Anonim Sirketi and ERGO SIGORTA Anonim Sirketi (Turkey), President of the Board of Directors of DAS HELLAS S.A. and member of the Supervisory Board of ERGO P&C and ERGO Life (Russia). Prior to that and during the period from 1998 to 2004, he was General Manager of Gerling-Konzern Allgemeine VAG/Greek Branch and of Gerling-Konzern Speziale Kreditversicherungs AG/Greek Branch and during the period from 1994 to 1998 he has held various position at Gerling-Konzern Group. Prior to that until 1994, he was a member of staff of Norddeutschen Landesbank/Hannover Legal Department.

Mr. Mehernosh B. Kapadia (DIN: 00046612) holds a Master’s degree in Commerce (Honours) and is a Member of The Institute of Chartered Accountants of India and The Institute of Company Secretaries of India. Most of his corporate career of 34 years has been with GlaxoSmithKline Pharmaceuticals Limited (GSK) where he has worked for over 27 years. He retired as the Senior Executive Director and Chief Financial Officer of GSK w.e.f. December 1, 2014. Over the years, he has been responsible for an extensive range of finance and company secretarial matters. He has also held management responsibility for other functions during his tenure with GSK, including Investor Relations, Legal and Compliance, Corporate Affairs, Corporate Communications, Administration and Information Technology, and held the position of Company Secretary for many years. He has been appointed as an Independent Director of the Company for a period of 5 years w.e.f. September 9, 2016.

Mr. Arvind Mahajan (DIN: 07553144) is an Independent Director of the Company.

He is a graduate (B.Com. Hons) from Shriram College of Commerce, Delhi University and has a Post Graduate Diploma in Management from IIM, Ahmedabad.

Mr. Mahajan has more than 35 years’ experience in management consulting and industry. His management consulting experience includes more than 22 years as partner with AF Ferguson & Co, Price Waterhouse Coopers, IBM Global Business Services and most recently with KPMG. His industry experience was with Procter and Gamble in financial management and management reporting.

In his career at KPMG India he has lead business consulting services and later the Energy, Infrastructure, Government and Healthcare practices of the firm. He also had the privilege of being member of KPMG's Global Business Consulting and Global Infrastructure Sector Leadership teams. His specialization is in advising CEOs & Boards in area of business strategy and helping "make strategy happen" through growth and transformation initiatives. He also has strong background in corporate finance, enterprise risk management and people and change. He has advised clients in a diversified portfolio sectors including consumer, financial services, technology, media, telecom, energy, infrastructure & government.

Mr. Mahajan has strong understanding of technology including disruptive trends. While at IBM, he has lead technology strategy and the communication sector vertical. He has also been member of KPMG’s Global Think Tank, which was involved in identifying disruptive trends and developing the long term strategy for the firm.

Mr. Ameet P. Hariani (DIN:00087866),has over 30 years of experience advising clients on corporate and commercial law, mergers and acquisitions, real estate and real estate finance transactions. He has represented large organisations in international real estate transactions, arbitrations and prominent litigations.He was a partner at Ambubhai and Diwanji, Mumbai and Andersen Legal India, Mumbai. He is the Founder and Managing Partner of Hariani & Co. since the year 1991. He holds Law degree from Government Law College, Mumbai and Masters in Law degree from the University of Mumbai. He is a Solicitor enrolled with the Bombay Incorporated Law Society and the Law Society of England and Wales. He is also a member of the Law Society of Singapore, the Bar Council of Maharashtra and the Bombay Bar Association. Mr. Hariani was appointed as an Independent Director of the Company for a period of 5 years w.e.f July 16, 2018.

Mr. Samir H. Shah (DIN: 08114828) is a Fellow member of the Institute of Chartered Accountants of India (FCA), an Associate member of the Institute of Company Secretaries of India (ACS) and the Institute of Cost Accountants of India (ACMA). He joined the Company in 2006 as the Chief Financial Officer and has about 27 years of work experience, of which over 11 years were in the general insurance sector in various capacities, primarily heading finance, risk management, secretarial, legal and compliance. He is presently the Member of Executive Management and Chief Financial Officer of the Company. Subject to the approval of IRDAI and Shareholders, the Board of Directors appointed Mr. Samir H. Shah as a Whole-time Director (designated as the ‘Executive Director’) of the Company for a period of 5 years with effect from June 1, 2018 responsible for Finance, Accounts, Tax, Secretarial, Legal & Compliance, Risk Management, Internal Audit, Risk & Loss Mitigation, Administration and CSR functions of the Company.

Mr. Anuj Tyagi (DIN: 07505313) is the Executive Director of the Company, appointed for a period of 5 years w.e.f. May 1, 2016. Mr. Tyagi is a Science graduate from Delhi University and has a Post Graduate Diploma in Business Management. Anuj has about 17 years of work experience in insurance and banking. He joined the Company in 2008 as a Head – Corporate Business Group and is currently responsible for Wholesale and Retail business and Reinsurance functions of the Company.