The position of CEO & MD that was left vacant by Amitabh Chaudhry in HDFC Life is occupied by Vibha Padalkar. While Amitabh joined Axis bank, HDFC Life was on the hunt of an eligible candidate to occupy this responsible position. Vibha Padalkar joined HDFC Life as the chief executive officer and managing director from 12th September, Wednesday. She has been appointed for a tenure of three years.
She got qualified as a member of Institute of Chartered Accountants of England and Wales in 1992. Ms. Vibha also has the membership of Institute of Chartered Accountants from India. Vibha Padalkar has been associated with HDFC life since August 2008.
Deepak Parekh, chairman HDFC Life expressed great conviction on this decision. According to him, he’s looking forward to new milestones with this recent change. He also said Ms. Padalkar is a great value add and can bring considerable success to the business.