ASHFAQ YOUSUF TOLA

Title: Council Member

Mr. Ashfaq Yousuf Tola is a distinguished Fellow member of the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan. With a rich history of leadership, Mr. Tola has served as the President of ICAP for the term 2022-23 and as Chairman of the Executive Committee, bringing his expertise to the forefront of the accounting profession. He has been a pivotal member of ICAP's Council since 2017, holding the position of Vice President from 2020-22. Mr. Tola's contributions extend beyond ICAP, as he currently holds the position of Vice President at the South Asian Federation of Accountants (SAFA). Notably, he has served as Minister of State and Chairman of The Reforms & Resource Mobilization Commission of Pakistan from 2022-2023, showcasing his commitment to national development.

Mr. Tola's influence spans international platforms, as seen in his roles as a life member of the SAARC Chamber of Commerce and Industry, Member Technical on the Board of Directors of the International Federation of Accountants (IFAC), and member of the Board of Directors of CA Worldwide. His dedication to tax reforms is evident through his involvement in the Tax Reforms Implementation Commission of FBR and the Privatization Commission of the Government of Pakistan. Beyond his professional achievements, Mr. Tola is recognized for his expertise, accumulated over 30 years- in tax planning, assurance, corporate finance, and international mergers and acquisitions. His passion for Pakistan's economy and global perspective is evident in his co-authored report on the Sindh Provincial Taxation System. Mr. Tola's multifaceted career exemplifies a commitment to excellence, leadership, and advancing the accounting profession domestically and internationally.