CA. Manoj Fadnis

CAPA President

 

CA. Manoj Fadnis was elected as President of the Institute of Chartered Accountants of India, (ICAI) New Delhi for the year 2015-16 and as the Vice President of the ICAI for the year 2014-15. As President, he was the Chairman of all the Standing Committees, Disciplinary Committee and the Board of Discipline of the ICAI. He was also the non-executive Director of the Insurance and Regulatory Development Authority of India (IRDA), Member of the National Direct Taxes Advisory Committee of the Central Board of Advisory Committee.

On 8th November 2017 he has been elected as the President of Confederation of Asian and Pacific Accountants (CAPA), a regional international organization of 32 Professional Institutes from 23 countries from Asia and Pacific region. He has been elected as the President for a term of two years from Nov 2017 to Nov 2019. He has been Board member since Feb 2015. He was elected as Dy President from Nov 2015 to Nov 2017. He served as Chairman of the Public Sector Financial Management Committee (PSFMC) of CAPA from Nov 2015 to Nov 2017.

He is also nominated as a Member of the Small and Medium Practitioners Committee (SMPC) of the International Federation of Accountants (IFAC) for the term Jan 2016- Dec 2018. He has been nominated on B20 for the year 2018. B20 is Business Group formed by G20. The Group is in Buenos Aires, Argentina.

Presently he is nominated as a Member of the Standing Committee on Accounting Issues constituted by the Insurance Regulatory Development Authority of India (IRDA).

He is also the member of the Group constituted by the ASB of the ICAI to formulate the Indian Accounting Standard converged with IFRS 17- Insurance Contracts. He is presently the special invitee to the meetings of the ASB.

He was also a member of the Company Law Committee set up by Ministry of Corporate Affairs Government of India in 2015 for the amendments required to the Companies Act, 2013. Based on the report submitted by the Committee, the Companies Amendment Act 2017 has been passed.

He was nominated by State Bank of India as a Director on the Board of State Bank of Indore from 2002 to 2005.

He was also nominated by Ministry of Corporate Affairs, Government of India as Director on the Board of two companies during 2009 to 2012.

He was the non-executive Chairman of MP Stock Exchange Ltd. from 2012-2014.

Presently he is Independent Director on the Board of two listed companies and also the Chairman of the Audit Committee, besides other companies.

He passed his B.Com. from Indore University and qualified as a Chartered Accountant in January 1987. Also holds Diploma in Information Systems Audit (DISA). He has specialized in Corporate Accounting and Reporting Standards and Direct Taxes, Corporate Laws and Foreign Exchange Management Act.

He has presented more than one thousand technical papers in seminars and conferences within India and internationally.

 

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