Deccan Chronicle

Parekh is special adviser to Sunny

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New Delhi, April 11: BCCI-IPL interim president Sunil Gavaskar on Friday appointed HDFC chairman Deepak Parekh as his special adviser for the seventh edition of the Indian Premier League.

Mr Parekh will be a special invitee during the IPL governing council meeting as his vast expertise in financial affairs will enable Gavaskar to ensure smooth functionin­g of IPL affairs for the next two months.

In a BCCI media release, Mr Parekh has been dubbed as “unofficial crisis consultant of the government.”

New Delhi, April 11: The Interim President of BCCI-IPL Sunil Gavaskar on Friday appointed Housing Developmen­t Finance Corporatio­n (HDFC) chairman Deepak Parekh as his special advisor for the seventh edition of the Indian Premier League.

Parekh will be a special invitee during the IPL governing council meeting as his vast expertise in financial affairs will enable Gavaskar to ensure smooth functionin­g of IPL affairs for the next two months.

In a BCCI media release, Parekh has been dubbed as “unofficial crisis consultant of the Government. His role as Special Director on the Satyam Board in 2009, to revive the company and restore the confidence in the Indian IT industry, was greatly acknowledg­ed.”

“Mr Parekh has always been willing to share his ideas and experience to formulate reform policies across sectors. This, at times, has also meant advising the Government to take hard decisions,” the BCCI press release said. “It is this quality of being a trouble-shooter that has made him a guiding force and an active member of various high-powered Economic Groups, Government­appointed Advisory Committees and Task Forces,” it said.

Gavaskar expressed his delight at the developmen­t as Parekh took up his offer. “I am delighted that Deepak has accepted my invitation

I am delighted that Deepak has accepted my invitation to come on board as a special advisor and special invitee to the Indian Premier League Governing Council. It is apt that an individual of the calibre of Mr Parekh will be joining the BCCI-IPL’s leadership group. His diverse combinatio­n of skills and experience will result in a well-rounded senior management.

— SUNIL GAVASKAR

to come on board as a special advisor and special invitee to the Indian Premier League Governing Council. It is apt that an individual of the calibre of Mr Parekh will be joining the BCCI-IPL’s leadership group,” he said.

According to Gavaskar, Parekh’s “diverse combinatio­n of skills and experience will result in a wellrounde­d senior management team at the IPL — one that will set the direction for a better and bigger league.”

The chairman of the IPL Governing Council Ranjib Biswal is also hopeful that Parekh’s experience will help them deliver a “memorable IPL”.

Parekh on his part stressed on his endeavour to strengthen the IPL with his inputs in a new role. “I am excited to be invited to be a part of the IPL. I look forward to fulfilling this challengin­g new role on the IPLs senior leadership team as an advisor to Mr. Gavaskar, as we look to strengthen the Indian Premier League.”

Parekh has been honoured with several awards including the prestigiou­s Padma Bhushan in 2006 and ‘Knight in the Order of the Legion of Honour’ — one of the highest distinctio­ns conferred by the French Republic, in 2010. He was also the first internatio­nal recipient of the Institute of Chartered Accountant­s in England and Wales’ Outstandin­g Achievemen­t Award. — PTI

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