Multiple choice

Which HDFC Chairman was appointed to the board of Satyam in 2009?

  1. Kiran Karnik

  2. C. Achyuthan

  3. Ramalinga Raju

  4. Deepak Parekh
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

After the massive Satyam accounting scandal broke in January 2009, the government-appointed board included several eminent business leaders to restore credibility. Deepak Parekh, chairman of HDFC, was one of the key figures brought in to help restructure the company. The other options include Kiran Karnik (also appointed to Satyam board) and C. Achyuthan (a SEBI member involved), but Ramalinga Raju was the perpetrator of the fraud.

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