Kamlesh Vikamsey

HE WAS INDUCTED AS PARTNER IN 1982. HE HAS SPECIALIZED IN TAXATION AND MANAGEMENT ADVISORY SERVICES.

Presently –

  • Chairperson

    Audit Advisory Committee of United Nations Children’s Fund (UNICEF), New York, United States of America with effect from 23rd February 2019 and has been a Member since 13th October 2015 for a term of 3 years, extended further for a period of 3 years (http://www.unicef.org)

  • Member
    • Audit Committee of World Meteorological Organization (WMO), Geneva, Switzerland with effect from 1st March 2019 for a term of 3 years (https://www.wmo.int)
    • Independent Management Advisory Committee (IMAC) of International Telecommunication Union (ITU), Geneva, Switzerland with effect from 1st January, 2016 for a term of 4 years (http://www.itu.int/en/council/Pages/imac.aspx)
    • National Advisory Board Manav Sadhan Vikas Sanstha (http://www.msvs.org.in)

In the Past:

  • Chairperson - External Audit Committee (EAC) of International Monetary Fund (IMF), Washington D.C., United States of America from 1st November 2017 to 31st October 2018 and Member since 1st November 2015 (https://www.imf.org/external/np/eac/eng/eac.htm)
  • Chairperson - Audit Advisory Committee of United Nations Development Programme (UNDP), New York (http://www.undp.org) 1st July 2014 to 30th June, 2015 & Member since 1st July, 2010
  • Deputy Chairperson - Audit Advisory Committee of United Nations Children’s Fund (UNICEF), New York, United States of America from 5th December 2017 to 22nd February 2019
  • President - The Confederation of Asian and Pacific Accountants (CAPA) (http://www.capa.com.my) 2007-2009
  • President - The Institute of Chartered Accountants of India (ICAI) (http://www.icai.org) - 2005-2006
  • Vice President - Institute of Chartered Accountants of India (ICAI) - 2004–2005
  • Deputy President - The Confederation of Asian and Pacific Accountants (CAPA) - 2005-2007
  • Board Member - International Federation of Accountants (IFAC) (http://www.ifac.org) - 2005-2008
  • Elected Member of the Central Council of The Institute of Chartered Accountants of India (ICAI) – 1998-2007
  • Steering Committee Member of United Nations - Appointed by Secretary General of United Nations Mr. Kofi Annan, as a member of Steering Committee for Comprehensive Review of Governance and Oversight within the United Nations, and its funds, programme and specialized agencies (http://www.un.org/reform/governance/report.html) – 2006
  • Chairman - Strategic Committee of The Confederation of Asian and Pacific Accountants (CAPA) 2005-2007
  • Chairman - Centre of Excellence on Education, Training and CPD of South Asian Federation of Accountants (SAFA – An Apex Body of SAARC) – 2004–2005 (http://www.esafa.org)

In the Past Member of:

  • Standing Committee on Accounting Issues of Insurance Regulatory and Development Authority of India (IRDA)
  • Group on extensible Business Reporting Language (XBRL) in India
  • Planning & Finance Committee of International Federation of Accountants (IFAC) 2006-2008
  • Part Time Member – Insurance Regulatory and Development Authority (IRDA) (http://www.irdaindia.org), the Insurance Industry Regulator in India of Government of India 2005-2006
  • Expert Committee on Gems & Jewellery constituted by the Finance Ministry pursuant to Budget Speech 2006–2007 to make comprehensive suggestions to promote the Industry in India 2007
  • Central Direct Taxes Advisory Committee constituted by Ministry of Finance, Government of India 2005-2006
  • National Advisory Committee on Accounting Standard constituted by Ministry of Corporate Affairs, Government of India 2005-2006
  • Governing Council of National Foundation for Corporate Governance (NFCG), Chaired by Minister of Corporate Affairs, Government of India (http://www.nfcgindia.org) 2005-2006
  • Accounting Standards Committee of Securities and Exchange Board of India (SEBI) (http://www.sebi.gov.in), the Securities Market Regulator in India 2005-2006
  • Sub–Committee (Audit) of the Board for Financial Supervision of Reserve Bank of India (RBI), (http://www.rbi.org.in), the Central Bank in India 2005-2006
  • Audit Advisory Board constituted by the Comptroller & Auditor General of India (C&AG) (http://www.cag.gov.in), the Supreme Audit Authority in India 2005-2006
  • Government Accounting Standards Advisory Board for Union and the States constituted by C&AG 2005-2006
  • Small and Medium Practices (SMP) Permanent Task Force of International Federation of Accountants, New York, USA (IFAC) 2004-2005
  • Expert Group constituted by Reserve Bank of India (RBI) for comprehensive review of Concurrent Audit of Banks, Working Group of RBI to formulate Guidelines relating to Asset Reconstruction, Securitization and foreclosure & Non–SLR Investments of Public Sector Banks – Expert Group – a Committee formed by RBI
  • Committee of Central Board of Direct Taxes (CBDT) re.: definition of “speculative transaction” in the Income–tax Act (http://www.incometaxindia.gov.in) & Committee of the CBDT for formulation of Accounting Standard under Section 145(2) of the Income–tax Act, 1961
  • Secondary Market Advisory Committee of Securities & Exchange Board of India (SEBI) & Committee set up by SEBI to formulate “Buy–back of shares and the SEBI Take over Code”
  • Committee set up by SEBI to review Code of Corporate Governance (http://www.sebi.gov.in/commreport/corpgov.pdf) 2003
  • Accounting Standards Committee of Central Board of Direct Taxes (CBDT) 2010-2012
  • Advisory Board at Educomp Raffles Higher Education Ltd (http://www.educomprafles.com)
  • India Advisory Board at Intuit
  • Advisory Board at OPC Asset Solutions Pvt. Ltd (http://www.opc.in)
  • MAT - Ind AS Committee of Central Board of Direct Taxes (CBDT)
  • Appellate Authority constituted under section 22A of the Chartered Accountants Act, 1949 (http://appellateauthority.in)

In the Past - Chairman of following Committees of ICAI: 1998-2007

  • Executive Committee, Examination Committee, Disciplinary Committee, Auditing & Assurance Standards Board, Corporate and Allied Laws Committee, Professional Development Committee, Committee on Financial Markets & Investors’ Protection, International Affairs Committee, ICAI–ICWAI–ICSI Coordination Committee, Audit Committee, Committee for Review of Education & Training

In the Past - Member of following Committees of ICAI: 1998-2007

  • Accounting Standards Board, Continuing Professional Education Committee, Committee for Members in Industry, Fiscal Laws Committee, Committee on Ethical Standards & unjustified Removal of Auditors, Expert Advisory Committee, Board of Studies, Committee on Commerce Education & Career Counseling, Research Committee, Committee on Information Technology, Editorial Board, Committee on Trade Laws & WTO, Committee on Insurance, Peer Review Board, Financial Reporting Review Board & Committee on Internal Audit, Information Technology Committee

Contribution & Participation:

  • Contributed and participated in Corporate Governance Leadership program conducted by Center for International Pvt. Enterprise( http://www.cipe.org) & Global Corporate Governance Forum (IFC/World Bank) (http://www.gcgf.org)

Independent Director of:

  • Navneet Publications (India) Ltd
  • Man Infraconstruction Ltd
  • Tribhovandas Bhimji Zaveri Ltd
  • Palace Solar Energy Pvt. Ltd
  • Electrotherm Renewables Pvt. Ltd
  • Apcotex Industries Ltd
  • GIC Housing Finance Ltd
  • Container Corporation of India Ltd (CONCOR)
  • PTC India Financial Services Limited
  • Waacox Energy Private Limited

Trustee of:

  • Trustee and treasurer of Global Vipassana Foundation, an internationally renowned Trust (http://www.globalpagoda.org), which has constructed Global Pagoda in Mumbai. The Global Pagoda is the World’s largest stone dome built without any supporting pillars. It is built combining ancient Indian and Modern Technology to enable it to last for at least 2000 years. (http://en.wikipedia.org/wiki/Global_Pagoda)
  • Trustee of Dhamma Pattan Vipassana Trust (http://www.pattana.dhamma.org)
  • Trustee of Shri Mahavir Jain Vidyalaya
  • Trustee of Khimji Kunverji Trust
  • Trustee of Virji Laddhabhai Vidyarthi Griha
  • Trustee of Virji Laddhabhai Trust
  • Trustee of Pune CA Students Hostel
  • Trustee of Dnyana Sadhana Trust
  • Trustee of A World of Opportunity Foundation (http://www.awoofoundation.org)

Erstwhile Directorships:

  • Birla Global Finance Ltd
  • SBI DFHI Ltd
  • Centurion Bank of Punjab Ltd
  • Lotus India Trustee Company Pvt. Ltd
  • General Insurance Corporation of India
  • Axis Mutual Fund Trustee Ltd
  • Ramky Infrastructure Ltd
  • Neptune Developers Ltd
  • Neptune Ventures & Developers Pvt. Ltd
  • Deposit Insurance & Credit Guarantee Corporation
  • Aditya Birla Retail Ltd
  • Fabmall (India) Pvt. Ltd
  • H.A.S. Two Holdings Pvt. Ltd
  • Trinethra Superretail Pvt. Ltd
  • Terrrafirma Agro processing (India) Pvt. Ltd

Note:

  1. International Federation of Accountants (http://www.ifac.org)

    International Federation of Accountants (IFAC) is the worldwide organization for the accountancy profession. Founded in 1977, the organization is comprised of 157 members and associates in 122 countries and jurisdictions, representing more than 2.5 million accountants employed in public practice, industry and commerce, government, and academy.

    As the global organization for the accountancy profession, IFAC is committed to protecting the public interest by developing high quality international standards, promoting strong ethical values, encouraging quality practice, and supporting the development of all sectors of the profession around the world.

  2. The Confederation of Asian and Pacific Accountants (http://www.capa.com.my)

    The Confederation of Asian and Pacific Accountants (CAPA) represents national accountancy organisation in the Asia-Pacific region. Today, CAPA has a membership of 34 accountancy organisations in 24 jurisdictions. CAPA is by far the largest regional accountancy organisation and its geographical area spans half the globe!

  3. South Asian Federation of Accountants (http://www.esafa.org)

    South Asian Federation of Accountants (SAFA) was formed in the year 1984 to serve the accountancy profession in the South Asian Region and uphold its eminence in the world of accountancy. SAFA is an Apex Body of the South Asian Association for Regional Co-operation (SAARC) and a Regional Grouping of International Federation of Accountants (IFAC). SAFA represents over 170000 accountants having membership of the national chartered accountancy and cost and management accountancy institutions in the South Asian countries namely Bangladesh, India, Nepal, Pakistan and Sri Lanka. SAFA came into existence at the initiative of the accounting professional bodies in the South Asian Region, which has a bond of culture and homogeneity of professional environment.

  4. The Institute of Chartered Accountants of India (http://www.icai.org)

    The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of Chartered Accountants in India. During its nearly six decades of existence, ICAI has achieved recognition as a premier accounting body not only in the country but also globally, for its contribution in the fields of education, professional development, maintenance of high accounting, auditing and ethical standards. ICAI now is the second largest accounting body in the whole world.