HDFC boss Deepak Parekh appointed special advisor to Sunil Gavaskar

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

Deepak Parekh
Deepak Parekh 

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.

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