BAE Systems has appointed Deepak Parekh, chairman of HDFC, as a non-executive director and chairman of its Indian arm, BAE Systems India, with effect from January 1.
“Parekh’s association with BAE Systems began in 2010 when he was appointed as a member of the company’s Independent Advisory Board for India. In his new role, Parekh will provide leadership to the BAE Systems India Board and help the company realise its aspiration to develop capabilities and infrastructure … ,” said a BAE Systems release.
Ian King, Chief Executive – BAE Systems Plc, said: “Deepak is one of India’s most respected business leaders. We are delighted to have the benefit of his experience and perspective as we continue to partner with India in order to Make in India.”
BAE Systems is one of the world’s leading defence, aerospace and security companies, with more than 80,000 employees across six continents.