Mr. Nasser Munjee
Nasser Munjee was educated at the Leys School in Cambridge UK and then went on to do his Bachelor and Masters Degrees at the London School of Economics, UK. He spent a short while at the University of Chicago USA, before returning to India in 1977. He joined Mr. H. T. Parekh, then Chairman of one of India’s leading development banks – ICICI, to establish the first housing finance company in India – Housing Development Finance Corporation (HDFC) – the first retail institution serving customers directly for their housing needs. Against many odds the HDFC group, as it is known today, grew to be a financial conglomerate with assets over $50billion in banking, insurance, mutual funds as well as its prime business – housing finance.