Invitation for Nomination For Chartered Accountants in Industry th 10 ICAI Awards 2016 th Last Date of Filing Online Nominations : 30 September, 2016 Nominations Open Committee for Professional Accountants in Business & Industry (CPABI) The Institute of Chartered Accountants of India (Setup by an Act of Parliament) www.corporateforum.icai.org
Introduction Esteemed Colleagues in Industry, The Current scenario of Indian economy has been characterised by optimistic growth and strong macroeconomic fundamentals that contributes towards nation s prosperity. Finance is the backbone of the industry & business, CA as finance professional and their contribution towards the growth of industry & economy is an exemplary one in the last one decade. The focus of industry towards the absorption of CAs in various fields of finance systems is very high. As on date not less than 55% of the CA community is contributing towards the growth of our industry & business. Industry is experiencing the shift towards the disclosure framework which intends to help companies communicate more effectively with investors, eliminate redundancy and ensures that investors receive useful information to guide their investment decisions. In a rapidly emerging global economy', bringing about comprehensive reforms in business world including convergence with IFRS, CARO,2016, Companies Act,2013 etc. enabling enhanced access to global capital markets to mobilise resources and facilitating inter-firm comparisons, the role of the Chartered Accountants has been expanding continually. Apart from the tradition finance disciplines, CAs work in wide range of business sectors and in a broad spectrum of roles starting from management trainee to Chief Financial Officer and perhaps to Chief Executive Officer. As the great scholar Chanakya said "A man is great by deeds, not by birth" which proves to be true in the case of CAs who put their sheer hardwork to accomplish the goals of the organisations. Chartered Accountants can help in building long lasting relationships with clients and investors of an organization. In addition, they are capable of handling all financial matters completely. The role of a CA tends to differ from company to company, depending on the nature of business. Knowledge and know-how are the keys to success and thus Chartered Accountants have the edge over their counterparts, they rise further and faster into more diverse and important roles in organisations. The Award Process The Jury consisting of established eminent leaders, shall be formed for judging the awards. A Prominent CA firm shall be appointed to carry out the process audit. The Nomination Committee will ensure that entire process of awards maintains highest level of credibility and professionalism. The Award process shall consist of the following three stages: Stage 1: Inviting Nominations Application Form for filling Nominations is available at www.corporateforum.icai.org. Application can be made by: 1. The Chartered Accountant himself. 2. His/ Her Employer. 3. Any other member of ICAI. 4. Others, which the Nomination Committee may deem fit. I feel happy to announce that the Committee for Professional Accountants for Business & Industry is organising 10th ICAI Awards, 2016 at Chennai in the month of January, 2017 to recognize the outstanding performance and contribution of CAs towards the growth of industry, economy and thereby the country. The awards would be presented under various sub categories and three main categories i.e. CA Business Leader, CA CFO and CA Professional Achiever. Committee provides excellent platform to members in industry, whereby it seeks nominations and gives appreciation to the most deserving member. The whole procedure under which the nominations are accepted is fully online and has been streamlined to ensure environment friendly process and mitigate the inconvenience faced due to conventional system of inviting nominations. The awardees will be finalised by a Jury comprising of eminent leaders from various industries. Please note that the last date for sending nominations is 30th September, 2016. I personally request all the members in Industry to come forward and be a part of your own alma matter by sending nominations. I would also request all of you to be a part of the initiatives being taken by the CPABI from time to time and share your experiences to help us spread your expertise, among the members in industry at large. Hope this event will be going to be a rewarding experience for all the partakers as it has been in the previous years. For further information, please visit the link www.corporateforum.icai.org CA. G. Sekar Chairman Committee for Professional Accountants in Business & Industry Stage 2: Short Listing by the Nomination Committee The Nomination Committee will examine, review and evaluate the nominations received. Short listing shall be based on the indicative evaluation parameters and the aggregate of scores thereon. The list of top five nominations in each category selected by the Nomination Committee will be sent to the Jury for their final selection. The decision regarding short listing by the committee shall be final. Stage 3: Final Selection by the Jury* The Jury will consider the criteria used for short listing by the Nomination Committee along with other criteria as they deem fit. It may conduct personal interviews with the finalists, if required. The Jury will determine the winner of each category based on these results. The decision of the Jury will be final. *Jury: The Jury will comprises of eminent personalities viz. leading businessmen, industrialists, representatives of national trade bodies, regulators, academicians, heads of universities, past Presidents of ICAI, journalists, politicians, persons from Film Industry and such other eminent personalities.
ICAI Awards 2016: Categories CA Business Leader (President/Chairman/Managing Director/Director/CEO/ COO/ Other equivalent Position) CA CFO (CFO/VP/GM/CRO/ Other Equivalent position) CA Professional Achiever (Managers in the early or middle stage of their career) Sub categories: Public Sector Global Achiever SME Corporate Service Sector Banking Sector Government Department Insurance Sector Power Sector Oil & Gas Sector Manufacturing Sector Infrastructure & Construction Engineering & Capital Goods Information Technology Financial Sector Telecom Sector FMCG Sector Healthcare Sector Media and Entertainment Sector NGO & Cooperative Sector Agriculture Women Others Sub categories: Public Sector Service Sector Banking Sector Government Department Insurance Sector Power Sector Oil & Gas Sector Manufacturing Sector Infrastructure & Construction Engineering & Capital Goods Information Technology Financial Sector Telecom Sector FMCG Sector Healthcare Sector Media and Entertainment Sector NGO & Cooperative Sector Agriculture Women Others Sub categories: Public Sector Service Sector Banking Sector Government Department Insurance Sector Power Sector Oil & Gas Sector Manufacturing Sector Infrastructure & Construction Engineering & Capital Goods Information Technology Financial Sector Telecom Sector FMCG Sector Healthcare Sector Media and Entertainment NGO & Cooperative Sector Agriculture Women Others * CA Special Performer (Divyang) are encouraged to nominate for ICAI Awards, 2016 & tick the box specifically created. Nomination Guidelines The nominations shall only be from the Members in Industry. The minimum period of service should be 3 years (Nominee must have worked with the current organization for atleast 1 year. In other words members who are employed with the current organization for less than 1 year should provide documents related to previous organization). One award would be conferred in each sub categories. A person, who has won award in the past in any category, cannot be nominated again for the same category for next three years. A member of the Nomination Committee, Process Auditors and the Jury can neither be a nominee nor can they nominate any person. A Jury member cannot be nominated for any of the categories of awards for next 2 years. Nominations by the same person in different categories/ sub categories will not be considered. Nomination Committee reserves its right to reject nomination without providing any reasons thereof. Nomination Requirements Please visit www.corporateforum.icai.org for submission of the online nomination form. Nomination form is to be submitted online only. List of documents required to be uploaded by the nominee: A. Mandatory Documents 1. Nominee's Power Point presentation for ICAI Awards 2. A brief description of the nominee's organization including description of the products, services, overall strategic goals 3. Last 2 years annual report of the company 4. Organization chart of the company (Structure) Please note-the financials of the Company to be provided as on 31st March, 2016.The personal milestone(s) achieved up to 30th June 2016. B. Optional: D e t a i l s o f m e m b e r s h i p o f a n y o t h e r professional/social bodies Details of other roles held such as directorship/ member of audit committees of other companies etc. Supporting documents for the evaluation parameters. E.g.- certificates etc. The last date for receipt of online nominations by the Committee is th 30 September, 2016
Evaluation Parameters The Nomination Committee will finalise the parameters for evaluation. An illustrative list of parameters to be considered for each award category is given below: I. CA Business Leader Leadership skill exhibited Key strategies planned and executed Creation of wealth for stake-holders Contribution in re-engineering and change Management Innovations in business practices and processes Quality and transparency through corporate governance Following high ethical business standards & transparency in operations Social responsibilities regarding environment, safety, health and/or support to charities etc Track record of improved financial performance of the organisation while in office Recognition(s), award(s) won & personal milestones achieved. Some of the previous awardees are as mentioned below: CA. Rajeev Kumar Jain CEO Mumbai International Airport Pvt. Ltd. CA. Sudhin B. Choksey MD and CEO GRUH Finance Ltd. CA. Upender Gupta Commissioner, CBEC, Department of Revenue, Minstry of Finance, Government of India CA. Lalit Kumar Kasliwal CFO- Group Manufacturing Reliance Industries Ltd. CA. Ashok Kumar Mishra Director(Finance) & CFO Hindustan Aeronautics Ltd. CA. Satpal Garg Whole Time Director and Director (Finance) ONGC Videsh Ltd. CA. Ramesh Swaminathan Executive Director & CFO Lupin Ltd. CA. Samir Ashta Whole Time Director CLP India Pvt. Ltd. CA. Sanjay Kumar Agarwal District Magistrate & Collector Gaya District Administration Bihar CA. Jaimin Bhatt President & Group CFO Kotak Mahindra Bank Ltd. Contribution to the profession through books, articles, lectures, seminars, etc. Contribution to social responsibility services towards economy. II. & III. CA CFO / CA Professional Achiever Management of Financial Risk. Role in managing acquisitions, mergers, takeovers etc. Raising capital through innovative financial products and / or corporate restructuring. Role in regulatory and legal compliances. Implementation of best business and financial practices. Strong relationship with stakeholders. Positive impact on revenue and costs through innovations. Handling of corporate laws & reporting requirement. Professional certification and training acquired. Contribution to the profession through books, articles, lectures, seminars, etc. Contribution to social responsibility services towards economy. CA. Arvind Talan CFO & CS Mahindra Automotive Australia Pty Ltd. CA. Ramakrishna Prabhu CFO (E & C) Hindustan Construction Company Ltd. CA. Radhakrishnan Nagarajan Director (Finance) Power Finance Corporation Ltd. CA. Din Dayal Jalan Whole Time Director & CFO Vedanta Ltd. CA. Jyoti Dua CFO GAIL Gas Ltd. Opportunities for the Organisation for Marketing The ICAI Awards 2016 offers great marketing potential for organizations. The organization can use the Awards for marketing their products/showcase themselves. We are expecting around 2500-3000 delegates in the ICAI Awards- all of them would be professionals serving in various industries across the country. By sponsoring the event, sponsors would be contributing to the main objective of searching and recognising talent in the Industry at a higher level. For detailed information please visit our website www.corporateforum.icai.org. For any further assistance contact at Tel. No.:- +91(11) 30110549 / 555/ 430/ 450/ 526 E-mail :- icai.awards@icai.in; neha.bansal@icai.in; ghosh@icai.in; chandni.allawadi@icai.in; CA. G Sekar Central Council Member, ICAI Chairman, Committee for Professional Accountants in Business & Industry (CPABI)
Glimpses Inaugura on of the ICAI Awards, 2015 held on 16th January, 2016 at Jawaharlal Nehru Stadium, New Delhi 9th ICAI Awards Ceremony held on 16th January, 2016 at Jawaharlal Nehru Stadium, New Delhi Inaugural Ceremony of ICAI Awards, 2014 held on 1st February, 2015 at Hotel Sahara Star, Mumbai 8th ICAI Awards Ceremony held on 1st February, 2015 at Hotel Sahara Star, Mumbai Inaugural Ceremony of ICAI Awards, 2013 held on 11th January, 2014 at Siri Fort Auditorium, New Delhi 7th ICAI Awards Ceremony held on 11th January, 2014 at Siri Fort Auditorium, New Delhi 6th ICAI Awards Ceremony held on 3rd February, 2013 at Hotel Grand Hya, Mumbai 6th ICAI Awards Ceremony held on 3rd February, 2013 at Hotel Grand Hya, Mumbai Inaugural Ceremony of ICAI Awards, 2011 held on 9th December, 2011 at Bangalore Palace, Bangalore 5th ICAI Awards Ceremony held on 9th December, 2011 at Bangalore Palace, Bangalore For any details may, contact: Commi ee for Professional Accountants in Business & Industry (CPABI) THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Setup by an Act of Parliament) Tel. No. (011) 30110549/555/430/450/526 E mail: icai.awards@icai.in Website: www.icai.org www.corporateforum.icai.org
Members of the Twenty Third Council 2016-17 to 2018-19 CA. M. Devaraja Reddy CA. Nilesh Shivji Vikamsey CA. G. Sekar CA. Rajesh Sharma CA. Jay Chhaira CA. Prafulla Premsukh Chhajed CA. Tarun Jamnadas Ghia CA. Nihar Niranjan Jambusaria CA. Shiwaji Bhikaji Zaware CA. Babu Abraham Kallivayalil CA. Sushil Kumar Goyal CA. Shyam Lal Agarwal CA. Mukesh Singh Kushwah CA. Prakash Sharma CA. Atul Kumar Gupta CA. Vijay Kumar Gupta CA. Anil Satyanarayan Bhandari CA. Nandkishore Chidamber Hegde CA. Dhiraj Kumar Khandelwal CA. Mangesh Pandurang Kinare CA. Dhinal Ashvinbhai Shah CA. Madhukar Narayan Hiregange CA. K. Sripriya CA. M.P. Vijay Kumar CA. Ranjeet Kumar Agarwal CA. Debashis Mitra CA. Manu Agrawal CA. Kemisha Soni CA. Sanjay Agarwal CA. Sanjiv Kumar Chaudhary CA. Naveen N. D. Gupta CA. Sanjay Vasudeva Nominated Members Shri Manoj Kumar IAS Shri Guruprasad Mohapatra Shri Sunil Kanoria Shri Vijay Kumar Jhalani Shri Vithayathil Kurian Ms. Indu Malhotra Dr. P.C. Jain Shri Chandra Wadhwa