PROFILE - CA. Uttam Prakash Agarwal - president

BRIEF PROFILE 

CA. Uttam Prakash Agarwal has been elected as the President of The Institute of Chartered Accountants of India, for the year 2009-2010 by the 20th Council on February 5, 2009. Though born and bought up in Rajasthan, his vision and zeal to outgrow himself brought him to Mumbai in 1984 wherein he com-pleted his chartered accountancy in 1987. Through his sheer grit and determination he has strived to excel and endeavored to reach the pinnacle of professional growth. 

He is a member of the National Advisory Committee on Accounting Standards constituted by the Ministry of Corporate Affairs, Government of India. He is a member of the Audit Advisory Board and the Government Accounting Standards Advisory Board – both constituted by the Comptroller and Auditor General of India. He is a member on the Committee on Internal Audit constituted by the Office of Controller General of Accounts, Government of India. He has been nominated by the Ministry of Finance as a member of the Disciplinary Committee constituted by the Council of the Institute of Actuaries of India. He is a member on the Board of Insurance Regulatory and Development Authority (IRDA), member on the Board of Tariff Advisory Committee of IRDA and also a member of Standing Committee on Accounting Issues (SCAI) constituted by IRDA. He is a member of the High Level Steering Committee for implementation of XBRL based data submission by Banks constituted by the Reserve Bank of India. He is a member of Sub-Committee (Audit) of the Board for Financial Supervision of Reserve Bank of India (RBI). He is a member of Advisory Body (Ad-hoc Task Force [ATF]) for finaliz- ing the MoU between Administrative Ministries and the Managements of the PSEs constituted by the Ministry of Heavy Industries and Public Enterprises. He is a member of SEBI Committee on Disclosures and Accounting Standards (SCODA). He is member of the executive committee of Indian Merchants Chamber (IMC).

He is a Technical Advisor to the Board of International Federation of Accountants (IFAC), Developing Nations Committee (DNC) of IFAC as well as of the Small and Medium Practices Committee (SMP) of IFAC. He is a board member of South Asian Federation of Accountants (SAFA) and Chairman to the Committee of Small and Medium Practices of SAFA.He is also a board member of Confederation of Asian and Pacific Accountants (CAPA). He is also a member of India- UK (Indo-UK) Task force on Corporate Affairs and the Task Force of Department of Public Enterprises (DPE), Government of India, to provide professional and technical support to the DPE in the process of finalization of MoU documents. 

A Fellow Member of ICAI, with more than two decades of standing, CA. Uttam Prakash Agarwal was elected to the Central Council of ICAI for the first time in 2004 and thereafter in 2007. He is holding the Chair of all the three standing committees- executive, finance and examination of ICAI. He also holds Chair of Board of Discipline, Representation Committee, ICAI-ICWAI-ICSI Co-ordination Committee, Infrastructure Committee , Diamond Jubilee Committee, International Affairs Committee and High Powered Committee. He is the Editor of monthly Jour nal The Chartered Accountant. He is the Chairman & Director on board of ICAI Accounting Research Foundation - a research wing of ICAI, Chairman of Chartered Accountants’ Benevolent Fund, Chartered Accountants’ Students Benevolent Fund and the S. Vaidyanathan Aiyer Memorial Fund and is a Member of virtually all Non- Standing Committees of ICAI. 

Besides this, he holds Directorship in various companies for a number of years, with various professional and social associa- tions. Articles on various matters of interest and importance to the profession have been contributed by him and published in leading Journals. He has been instrumental in organizing mega conferences and series of ‘Professional Excellence’ Seminars throughout the country and has chaired many technical sessions and presented various technical papers on varied topics. He is ‘Master of Ceremonies’, Coordinator, Convener of various conferences, seminars, symposiums, workshops and brain- storming sessions. He has played a key role in initiating and organizing mega event – ICAI’s Corporate Forum comprising four concurrent events viz. Career Ascent, Capital Advantage, FinSummit and the CA Corporate Leader Exact Awards. 

He has been Technical Advisor and resource person for various International conferences held at New York, Bangladesh, Nepal and Pakistan. 

What has been exemplary in his life is the single-minded devotion and relentless pursuit for welfare of everybody, which has brought him at a higher pedestal in social circles.