Mr. Ajay Agarwal

Qualification & Experience

Mr. Ajay Agarwal, a Fellow Member of the Institute of Company Secretaries of India (ICSI), is highly regarded for his expertise in corporate and securities law, corporate governance, and legal and regulatory compliance. His contributions extend to various committees and task forces, including membership in the CII National Committee on Regulatory Affairs since 2018-19 and participation in the Task Force on Banking and Finance formed by ICSI.

With a distinguished career span of over 23 years at the Housing Development Finance Corporation Limited (Corporation), Mr. Agarwal served as the Company Secretary and key managerial person. In this role, he also functioned as the Compliance Officer, ensuring adherence to SEBI regulations such as Listing Obligations and Disclosure Requirements, Prohibition of Insider Trading, and Registrars to an Issue and Share Transfer Agents Regulations. His membership in the CII Corporate Governance Council further underscores his commitment to fostering best practices in corporate governance.

Other appointments

Currently, Mr. Ajay is the Senior Executive Vice President – Legal & Secretarial of HDFC Bank Limited and a director of HDFC Capital Advisors Limited. He is also Board Director of First Housing Finance (Tanzania) Ltd from 20th February 2024.

He does not hold any shares in any company in the Maldives that has or will be perceived as a conflict of interest with HDFC Plc.