About Ashvin Parekh
Ashvin Parekh has been the Managing Partner of Ashvin Parekh Advisory Services LLP for the last 11 years and provides business and transaction advice to reputed BFSI companies. Currently, he serves as an Independent Director on the Board of Directors of several reputable companies. Additionally, he held the position of Chairman of the National Pension System Trust Board for five years.

Ashvin was senior partner in EY and heading the financial services division until June 2013. Prior to that he held the position of Executive Director of Deloitte, India from July 2002 till June 2005. He has also served at senior positions in Arthur Anderson, PwC, KPMG and Hindustan Lever Ltd. in UK, Dubai, Australia, Germany and the US on Partner Secondment programs.

Experience In Financial Services
During his tenure, he has successfully completed more than 800 projects in the course of 45 years. Ashvin’s work has been focused on the areas of business strategy and capital expansion, with more than 45 transactions in the areas of JV and M&A. He was involved in formation of 4 new banks in India, 42 insurance companies, 2 small finance banks and 1 payments bank.

Eminence

Ashvin is registered as an expert in financial services sector with the World Bank and the Asian Development Bank.

He has been a member of several committees set up by the RBI, IRDAI, SEBI, Ministry of Finance and Ministry of Health and is instrumental in bringing about reforms in the financial sector. Recently he had been on high powered K V Kamath Committee set up by the RBI on Covid stress resolution framework for banking companies. He is frequently invited by top media houses to share his insights on current developments in this industry.

Board Position

Independent Director positions –

Grasim Industries Ltd (2024 – current)

Aditya Birla Sun Life Insurance Co. Ltd (2024 – current)

Nippon Life India Asset Management Ltd (2020 – current)

ICICI Securities Ltd (2016 – current)

ICICI Securities Primary Dealership Ltd (2015 – current)

ICICI Lombard General Insurance Co. Ltd (2014 – 2024)

Published Works

He is regularly invited to contribute his views and articles to both the visual and print media of the country. Some of his published article are:

1. Crash crunch and peoples’ suffering will continue till March, 2017: Ashvin Parekh to India Today on demonetisation
2. One step forward, many backward: Ashvin Parekh to The Business Standard on the insurance sector
3. A big step forward in reinsurance sector: Ashvin Parekh to The Business Standard
4. The new finance code: Debate and the aftermath: Ashvin Parekh to The Business Standard
5. What the amended insurance policy means for ceos of joint ventures: Ashvin Parekh to The Economic Times

Education

He is a qualified:

Chartered Accountant

Company Secretary

Cost and Work Accountant.

He has completed his executive MBA from INSEAD.