10:27 pm - Thursday November 5, 2015

Gavaskar Hires HDFC Chairman Deepak Parekh as Adviser

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Sunil Gavaskar, the interim president of the BCCI, on Friday named Housing Development Finance Corporation Chairman Deepak Parekh as his special adviser for the seventh edition of the Indian Premier League.

Parekh will be a special invitee to the IPL Governing Council meetings and advise Gavaskar, who has been asked by the Supreme Court to run the IPL, to ensure smooth functioning of IPL affairs over the next two months.

A BCCI media release called Parekh an “unofficial crisis consultant of the government” and said “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.

Former India opener Gavaskar was appointed the interim president of the BCCI-IPL following a direction from Supreme Court as N Srinivasan was asked to step aside from his post pending the completion of the IPL spot-fixing enquiry. Senior Vice President Shivlal Yadav was made interim President for non-IPL matters.

Gavaskar expressed his delight at the development as Parekh took up his offer.

“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 caliber of Parekh will be joining the BCCI-IPL’s leadership group.”

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