Past Presidents
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Serial No.
Name
From
Year
1. P.N. Shah ICAI 1984 & 1985
2. Lakshman R. Watawala ICASL 1986
3. E.S.H. Dahodwala ICAP 1987
4. M. Yunus ICAB 1988
5. V. Kalyanaraman ICWAI 1989
6. Mian Mumtaz Abdullah ICMAP 1990
7. Habibur Rahman ICMAB 1991
8. K.M. Agrawal ICAI 1992
9. N.A.L. Cabraal ICASL 1993
10. Ebrahim Sidat ICAP 1994
11. Jamal Uddin Ahmad ICAB 1995
12. K.R.S. Sastry ICWAI 1996
13. Khawaja Amjad Saeed ICMAP 1997
14. Ch. Hafizur Rahman ICMAB 1998
15. T.S. Vishwanath ICAI 1999
16. Lal Nanayakkara ICASL 2000
17. Pir Mohammed Kalia ICAP 2001
18. Zahir Uddin Ahmad ICAB 2002
19. Ashok Chandak ICAI 2003
20. Badruddin Fakhri ICMAP 2004
21. Md Nurul Hassan ICMAB 2005
22. Mr. Sunil Goyal ICAI 2006
23. Mr Indrajith Fernando ICASL 2007
24. Syed Muhammad Shabbar Zaidi ICAP 2008
25. Sheikh A. Hafiz ICAB 2009
26. Komal B. Chitracar ICAN 2010
27. A.N. Raman ICoAI 2011
28. Muhammad Rafi ICMAP 2012
29. Abdul Mannan ICMAB 2013
30. CA. Subodh Kumar Agrawal ICAI 2014
31. Arjuna Herath ICASL 2015
32. Naeem Akhtar Sheikh ICAP 2016

Mr P.N. Shah, FCA
At the meeting of the heads of accounting bodies in South Asian countries held on 22nd August 1984 at New Delhi, Mr P.N. Shah, FCA was elected as the first President of SAFA for the years 1984 and 1985.A member of ICAI since1950,Mr P.N. Shah has been the President of ICAI for the year 1983-84 after being elected as its Vice President for the year 1982-83. He served the Council of ICAI and its various Committees from 1973 to 1985.Mr P.N. Shah has also authored several professional books.He is also the co-author of the History of Accountancy Profession in India (Vol. II) published by ICAI.

Mr Lakshman R. Watawala, FCA
Mr Lakshman R. Watawala, FCA is a fellow member of ICASL and the Chartered Institute of Management Accountants of the United Kingdom. He was elected as the first Vice President of SAFA for 1984 and 1985 at the meeting of the heads of accounting bodies in South Asian countries held on 22nd August 1984 at New Delhi. He was elected as President of SAFA for the year 1986 by the Assembly at its second meeting held on 3rd-4th December 2005.Mr Lakshman R. Watawala was the President of ICASL from 1984 to 1987 having served the Council for over twenty years.Mr Lakshman R. Watawala has been the Chairman of various public sector entities in Sri Lanka.

Mr Ebrahim S.H. Dahodwala, FCA
Mr Ebrahim S.H. Dahodwala, FCA was elected as President of ICAP for the period 1986-88. He has held various significant positions in the ICAP Council and its Committees. He was elected as President of SAFA for the year 1987 at fourth meeting of the Assembly.Mr Ebrahim S.H. Dahodwala graduated in Commerce from Bombay University and qualified as Chartered Accountant (then known as Registered Accountant) in 1950 from Pakistan.Besides representation on various national Committees, Mr Ebrahim S.H. Dahodwala has also been nominated on the International Accounting Standards Steering Committee on Assets and Expenses and the Financial and Management Accounting Committee of the IFAC.

Mr Mohammad Yunus, FCA
Mr Mohammad Yunus, FCA was the President of ICAB in 1984. He has over the years served the Council of ICAB and held several important positions within ICAB.The SAFA Assembly elected him as President for the year 1988 at its sixth meeting.Md Yunus has been in practice as a Chartered Accountant since 1963. One of the seniormost Chartered Accountants of the country, Md Yunus has also been the President of Dhaka Chamber of Commerce and Industry (DCCI) in 1983-84 and 1992-93. He has also served the Executive Committee of DCCI for six years and as Director of Federation of Bangladesh Chamber of Commerce and Industry (FCCI) for two terms.

Mr V. Kalayanaraman, FICW
Mr V. Kalayanaraman, FICWA is a fellow member of ICWAI and an Associate member of the British Institute of Management. He has been serving the Council of ICWAI since 1971 and was elected as its President during 1975-76. SAFA Assembly elected him as the President for the year 1989 at its ninth meeting.Mr V. Kalayanaraman has also been part of the formation process of IFAC and CAPA. He also served as member of the Financial and Management Accounting Committee of IFAC during 1983-89. He has also been member of several bodies constituted by the Government of India.Mr V. Kalayanaraman has authored publications and undertaken studies on several professional subjects

Mr Mian Mumtaz Abdullah, FCMA
Mr Mian Mumtaz Abdullah, FCMA, a fellow member of ICMAP, was elected as President of SAFA for the year 1990 at its 11th Assembly meeting. He, during his tenure in the ICMAP Council from 1986 to 1993, was also elected as its President.Mr Mian Mumtaz Abdullah has been nominated on several Committees and Boards of the Government of Pakistan and contributed immensely to the standard-setting and other regulatory bodies.Mr Mian Mumtaz Abdullah has also been the author of over 40 national and international publications

Mr Habibur Rahman, FCMA
Mr Habibur Rahman, FCMA is a Fellow member of ICMAB and of the Chartered Institute of Management Accountants of the United Kingdom. During membership of the ICMAB Council from 1980 to 1988, he also served as President for the years 1991 and 1997.Mr Habibur Rahman was elected as President of SAFA for the year 1991 by the Assembly at its 14th meeting

Mr K.M. Agarwal, FCA
K.M. Agarwal, FCA was elected as President of SAFA by the Assembly at its 17th meeting held on 27th February, 1992 at Madras, India. He has been the President of ICAI for the term 1990-92. During his term in the Council of ICAI, he held Chairmanship and served as member in various significant Committees of ICAI

Mr Ajith Nivard Cabraal, FCA
Mr Ajith Nivard Cabraal, FCA, an Eisenhower Fellow and former Provincial Councilor in Sri Lanka, has been the President of ICASL. He is an internationally renowned Consultant in corporate governance practices and the founder Chairman of the Corporate Governance Committee of Sri Lanka. He is also the President of the Business Recovery and Insolvency Practitioners Association of Sri Lanka.Mr Ajith Nivard Cabraal was elected as the President of SAFA at 20th meeting of the Assembly.

Mr Ebrahim Sidat, FCA
Mr Ebrahim Sidat, FCA, a fellow member of ICAP, was elected as its President for the years 1989-90 and 1990-91. He served the ICAP Council from 1975 to 1993 and during this period, contributed towards the activities of various Committees of ICAP. SAFA Assembly elected him as President for the year 1994 at its 22nd meeting.Mr Ebrahim Sidat, besides his nomination on the various Committees constituted by the Government of Pakistan, has been advising the Government on the issues related to the privatization and disinvestment of public sector enterprises.

Mr Jamal Uddin Ahmad, FCA
Mr Jamal Uddin Ahmad, FCA was the President of ICAB for two terms in 1989 and 1992. He has been serving the Council of ICAB since 1989. He was elected by SAFA Assembly at its 25th meeting as President for the year 1995.Also a Fellow of the ICAEW, Mr Jamal Uddin Ahmad obtained his Master’s degree in Commerce from Dhaka University in 1954 with the top position. One of the seniormost and outstanding Chartered Accountants of the country, Mr Jamal Uddin Ahmad has held the position of the Deputy Prime Minister of the Bangladesh Government from 1977 to 1982. He also served, at different times, as President of the Chittagong Association in Dhaka and member of the Executive Committee of MCCI and Company Law Committee constituted by the Bangladesh Government.Mr Jamal Uddin Ahmad is also the Chairman of the Centre of Excellence on Ethics and Independence of Auditors of SAFA. He was also a member of the Public Sector Committee of IFAC during 1993-1995.

Mr K.R.S. Sastry, FICWA
Mr K.R.S. Sastry, FICWA is a Fellow member of ICWAI. He also holds Masters’ degree in Business Administration and qualifications as Company Secretary and the Certified Cost Analyst from the USA.Mr K.R.S. Sastry has served ICWAI Council from 1992 to 1997. He was elected as President of SAFA for the year 1996 at the 28th Assembly meeting.Mr K.R.S. Sastry has extensive experience of strategic activities of thermal power stations and fertilizer, steel and oil industries in Bangladesh.

Prof Dr Khawaja Amjad Saeed, FCMA
Prof Dr Khawaja Amjad Saeed, FCMA is a Fellow member of ICMAP, ICAP, the Institute of Corporate Secretaries of Pakistan, Institute of Marketing Management, Institute of Taxation Management and Institute of Chartered Secretaries and Managers. He has also obtained various other prestigious qualifications including Degree of Philosophy in Business Administration from the United States of America.Prof Dr Khawaja Amjad Saeed served as President of ICMAP for the years 1997-99. SAFA Assembly elected him as its President for the year 1997 at its 31st meeting. He represented Pakistan during 1988-90 on the Financial and Management Accounting Committee of the IFAC. He also served on the Governing Council of IFAC from 1997-2000.Prof Dr Khawaja Amjad Saeed has authored 31 books on various professional subjects apart from contributing over 400 articles in the journals published by the national and international bodies.

Mr Chowdhury Hafizur Rahman, FCMA
Chowdhury Hafizur Rahman, FCMA, a Fellow member of ICMAB, served as President of ICMAB for the years 1994 and 1996. He has been serving the Council of ICMAB since 1986. SAFA Assembly, at its 32nd meeting, elected him as its President for the year 1998.Chowdhury Hafizur Rahman has held various significant positions in public and private sector organisations in Bangladesh. He has also held the post of Deputy Controller of Accounts for over ten years and has been a member of the Turnover Tax Commission of the Government of the People’s Republic of Bangladesh.

Mr T.S. Vishwanath, FCA
Mr T.S. Vishwanath, FCA was elected as President of SAFA by the Assembly at its 35th meeting. He has been the President of ICAI for 1996-97 after being elected as its Vice President for the year 1995-96. During his term in the Council of ICAI, he held Chairmanship and served as member in various significant Committees of ICAI.A Commerce graduate from the University of Delhi and a Fellow member of ICAI, Mr T.S. Vishwanath has been in practice for over 30 years. He has served from time to time as Chairman and member of the various bodies of the Government of India, Reserve Bank of India, Securities and Exchange Board of India and Insurance Regulatory and Development Authority.

Mr Lal Nanayakkara, FCA
At 40th SAFA Assembly meeting, Mr Lal Nanayakkara, FCA was elected as President for the year 2000. He has also been the President of ICASL.Mr Lal Nanayakkara has been a Board member of the Securities and Exchange Commission of Sri Lanka and member of the Company Law Advisory Committee. He isthe Chairman of the Statutory Auditing Standards Committee of ICASL and a member of the Sri Lanka Accounting and Auditing Standards Monitoring Board.Mr Lal Nanayakkara also chaired the SAFA sub-committee on Globalization of Trade in Services.

Mr Pir Mohammad A. Kaliya, FCA
Mr Pir Mohammad A. Kaliya, FCA is a Fellow member of ICAP and an Associate member of ICMAP, Chartered Institute of Management Accountants of the United Kingdom and the Institute of Chartered Secretaries and Administrators of the United Kingdom.Mr Pir Mohammad A. Kaliya, during his term in the ICAP Council from 1971, was elected as its Vice President for the years 1974-75 and 1998-99. He was elected as President of ICAP for the year 2000-01. He also served various important Committees of ICAP during this period.Mr Pir Mohammad A. Kaliya was elected as President of SAFA for the year 2001 at 43rd Assembly meeting.

Mr Zahir Uddin Ahmed, FCA
Mr Zahir Uddin Ahmed, FCA was the President of ICAB for two terms in 1975-76 and 1981. He has been in the Council of ICAB since its inception. At 46th SAFA Assembly meeting, he was elected as President for the year 2002.Mr Zahir Uddin Ahmed is also a Fellow of the Chartered Institute of Management Accountants, London. He was an honorary lecturer in the Department of Management of Dhaka University for nearly 25 years.Mr Zahir Uddin Ahmed has served as Member of several committees including the Cost and Price Consultative Committee and Company Law Reforms Committee formed by the Government of Bangladesh.

Mr Ashok Chandak, FCA
Mr Ashok Chandak, FCA was elected as President for the year 2003 by SAFA Assembly at its 48th meeting. He had earlier served as the Chairman of the Centre of Excellence on Education, Examination, Training and CPE.Mr Ashok Chandak was the President of ICAI for the year 2002-03 and during his term as a member of the Council from 1995 to 2004, served several standing and non-standing Committees of ICAI.Mr Ashok Chandak has also served in various Committees and Bodies formed by the Government of India, Reserve Bank of India, Securities and Exchange Board of India, Central Board of Direct Taxes and Insurance Regulatory and Development Authority. He has also been a member of the Small and Medium Practices Permanent Task Force of IFAC.Mr Ashok Chandak has authored various professional publications on indirect taxes.

Mr. Badruddin Fakhri, ICMAP
Mr. Badruddin Fakhri was elected as President SAFA for the year 2004 in the 52nd SAFA Assembly held at Lahore on January 17, 2004.He was President of ICMAP in 2002 and President of PIPFA in 2001. He has been Technical Advisor to the Education Committee of International Federation of Accountants for 1999-2003. He completed a course in Advanced Financial Management from Strachclyde Business School, Glasgow, UK in 1984.Fakhri has been Chairman of various Committees of different Organizations, including Citizens Health Liaison Council. He has been Chief Editor for four years of “Management Accountant”, an official Journal of ICMAP. He is also Rotarian and member of Rotary Club Karachi South. He has written a large number of articles on different subjects, which have been published in the magazines and leading newspapers. He has widely traveled and has made several presentations in national as well as international conferences

Mr. Md. Nurul Hassan, FCMA
Mr. Md. Nurul Hassan, FCMA, Past President of the Institute of Cost & Management Accountants of Bangladesh (ICMAB) was elected as President of SAFA at 56th Assembly meeting held on December 5, 2004 at Sri Lanka.Mr. Md. Nurul Hassan, FCMA, a practising Cost Auditor & Consultant did his graduation degree in Commerce from the University of Dhaka. He had his post-graduate diploma in Management Accounting from Highbury College of Technology, England which included internship at IBM’s European Headquarters at Portsmouth, England. He is also a Fellow Member of the Institute of Cost and Management Accountants of Bangladesh.Mr. Hassan takes interest in writing and has so far authored ten books. e edited “The Cost and Management”, the bi-monthly journal of the Institute for ten years in three terms. He was the Columnist of the New Nation, a leading English daily newspaper of Bangladesh.

Mr. Sunil Goyal, FCA
Mr. Sunil Goyal, FCA, Past President of ICAI was elected as the President SAFA at 59th SAFA Assembly meeting held on 28th December 2005 at Kathmandu, Nepal. Mr. Sunil Goyal has held various positions at International Forums. He had been the Board member of IFAC, CAPA and member of Strategic Committee of CAPA. Presently he is a member of IFAC SMP Committee.Besides being a member of the ICAI from 1980, Mr. Sunil Goyal is also a member of the other sister Institutes namely, the Institute of Cost & Works Accountants of India and the Institute of Company Secretaries of India.He is also Masters of Commerce and Arts, Graduate in Law and, P.G. Diploma holder in Taxation as well as in Labour Laws.A prolific writer, Mr. Sunil Goyal authored many books and also contributed in bringing out various publications of ICAI’s in accountancy, auditing and taxation. He has been actively associated, for a number of years with various professional and social associations. Articles contributed by him on various matters of interest and importance to the profession have been published in leading Journals.

Mr. Indrajith Fernando, ICA SL
Mr. Asela Indrajith Fernando, aged 45 years has been elected as the President of SAFA at 63rd Assembly meeting. Besides being a Fellow member of Institute of Chartered Accountants of Sri Lanka, he is also a fellow member of CIMA U.K. He was the immediate past president of Institute of Chartered Accountant of Sri Lanka. Mr Fernando is also the Chairman of the Committee for Improvement in Transparency, Accountability and Governance of SAFA and is a member of Developing Nations Committee (DNC) of International Federation of Accountants (IFAC). He has been an ex-officio member of various institutions namely, Securities & Exchange Commision of Srilanka, National Institute of Business Management and PG Institute of Management (University of Sri Jayewardenapura). He has vast exposure in corporate sector of more than two decades. He has served in the corporate at various strategic positions and capacities. Currently he is the Director/Chief Executive Officer of Bartleet TransCapital Ltd. He has made several presentations in various national and international conferences and seminars organized by IFAC, CAPA, ICA SL and many other national & international professional bodies.

Mr. Syed Muhammad Shabbar Zaidi, FCMA
Mr Zaidi was elected as the President of SAFA at 66th Assembly meeting for 2008. He was the President of the Institute of Chartered Accountants of Pakistan for the year 2005-2006 and Vice President of the Institute for the year 2002-2003.Mr. Zaidi has been the Member of the Federal Government Task Force for Tax Administration, Member Advisory Committee for the Revenue Division of Federal Government and Member Federal Government Committee for Improvement in Regulatory Framework, Member Alternate Dispute Resolution Committee, Sales Tax and Income Tax. Member Task Force on Tax Reform and Advisor on Economic and Financial matters to the Overseas Investors Chamber of Commerce & Industry. Mr. Zaidi is a regular writer in business journals and newspapers including visiting lectures at Lahore University of Management Sciences and Institute of Business Administration, Karachi.

Mr. Sheikh A. Hafiz, FCA
Mr. Sheikh A. Hafiz was the elected President of South Asian Federation of Accountants (SAFA) for the year 2009. Mr. Hafiz is a senior member of the Institute of Chartered Accountants of Bangladesh(ICAB). He is also a fellow member of the Institute of Chartered Accountants in England & Wales (ICAEW). Mr. Hafiz is a Council Member and a Past President of ICAB. Mr. Hafiz is a dedicated social worker and is associated with many social organizations in various capacities. He is the Chairman of the Governing Body of Dhanmondi Rotary Club Girls’ High School at Savar and is a Member of Sweden-Bangladesh Trust Fund Committee. He is also a life Member of the Bangladesh Medical Studies and Research Institute.

Mr. Komal B. Chitracar, FCA
Mr. Komal Bahadur Chitracar was the elected President of South Asian Federation of Accountants (SAFA) for the year 2010. Mr. Komal Bahadur Chitracar is also the founding president of the Institute of Chartered Accountants of Nepal (ICAN). He was actively associated with development and institutionalization of accounting profession in Nepal. He served in the first council of ICAN (1998-2001) and as its first president (1997-1999). Mr.Chitracar has been associated with SAFA since its inception. He represented Nepal in SAFA on behalf of the Association of Chartered Accountants of Nepal, the predecessor organization of ICAN. Mr. Chitracar is the fellow member of both ICAN and ICAI. He has been in public practice since 1970. Beside professional engagements, Mr. Chitracar is a dedicated social worker and is active in several social organizations. He served as the President of the Rotary Club of Kathmandu Mid-Town in 2005-2006. He is the founding Secretary General of Transparency International Nepal.

Mr. A.N. Raman
Mr. A.N. Raman was the President of South Asian Federation of Accountants (SAFA) for the year 2011. Mr. Raman has worked extensively in the field of management accounting–writing and speaking avidly on topics relating to management accounting, enterprise governance, and cost management. He currently works as a consultant on management accounting topics with a focus on activity-based costing and target costing in India. He is a founding member of the Total Cost Management (TCM) Division of the Confederation of Indian Industry (CII).Furthermore, Mr. Raman was the first Chairman of the Professional Accountants in Business Committee at the South Asian Federation of Accountants (SAFA). In addition, he is also a member of PAIB Committee of IFAC. Mr. Raman is a member of the Institute of Cost Accountants of India, the Institute of Chartered Accountants of India, and the Institute of Certified Management Accountants of Sri Lanka.

Mr. Muhammad Rafi, FCMA
Mr. Muhammad Rafi was the President of South Asian Federation of Accountants (SAFA) for the year 2012. He is a Fellow Member of the Institute of Cost and Management Accountants of Pakistan (FCMA), Pakistan Institute of Public Finance Accountants (FPA), the Institute of Corporate Secretaries of Pakistan (FICS) and a Diplomaed Associate of the Institute of Bankers in Pakistan (DAIBP).Mr. Rafi was the President of the Institute of Cost & Management Accountants of Pakistan in 2005, Vice President in 2003 & 2004 and Honorary Secretary in 2002. He has served as Country Representative of Pakistan at the International Federation of Accountants (IFAC), Public Sector Committee (now IPSASB) during 2000-2002. Mr. Rafi has widely travelled and presented many papers at national and international conferences & seminars.

Abdul Mannan, ICMAB
Mr.Abdul Mannan, FCMA (UK), FCMA of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) becomes President for the term 2013 with effect from January1,2013 and he has taken over the Presidentship officially at the SAFA Assembly meeting held on January 12, 2013.
Mr.Abdul Mannan, FCMA was former State Minister of Civil Aviation & Tourism and the former State Minister for Ministry of Textiles as well. He was a Member of the Parliament of Bangladesh for 4 terms. He was the Chairman of parliament standing Committee, Ministry of Agriculture. Mr. Abdul Mannan,FCMA Chairman of Bengal Airlift & President of the PATA Bangladesh Chapter is also a past District Governor of the Rotary International (Dist: 3280), Bangladesh.

CA. Subodh Kumar Agrawal, ICAI
CA. Subodh Kumar Agrawal, FCA, Immediate Past President, The Institute of Chartered Accountants of India (ICAI) was the President of South Asian Federation of Accountants (SAFA) for the year 2014. He was the Vice-President of SAFA for the year 2013.
Having passionately represented Indian accountancy profession on the international front, CA. Subodh Kumar Agrawal has earlier been the member of various Committees of SAFA, including Committee for Improvement in Transparency, Accountability and Governance, Committee on Professional Accountants in Business, Committee on Professional Ethics and Independence and Committee on Quality Control.
CA. Subodh Kumar Agrawal is a member of ‘Small & Medium Practices Committee of International Federation of Accountants (IFAC). He was also Technical Advisor to ICAI representative on IFAC Board and International Accountancy Education Standards Board (IAESB) of IFAC. He has also represented ICAI as Director on the Board of Confederation of Asian and Pacific Accountants (CAPA).
Hailing from Kolkata, India, he has specialization in the area of Internal and Statutory Audit of Private and Public Sector Entities. He is a member of Quality Review Board constituted under section 28A of Chartered Accountants Act, 1949. He also represented ICAI as Member in the Insurance Regulatory and Development Authority in India. He was also a member of Committee for Reviewing Insider Trading Regulations constituted by Securities and Exchange Board of India. He was a member of National Advisory Committee on Accounting Standards constituted by Ministry of Corporate Affairs and Government Accounting Standards Advisory Board for Union and the States as well as Audit Advisory Board both constituted by Comptroller and Auditor General of India, Government of India. He was also the Chairman of XBRL India and ICAI-Accounting Research Foundation. CA. Subodh Kumar Agrawal is also a prolific speaker and has addressed various seminars and conferences on various issues of professional interest.

Mr. Naeem Akhtar Sheikh, ICAP
Mr. Naeem Akhtar Sheikh is a fellow member of ICAP. He qualified in 1990, since then he is in professional practice and is a senior Partner in UHY Hassan Naeem & Co., Chartered Accountants. Currently he is also Chairman of committee to govern Virtual Knowledge and Training Centre (VKTC) of SAFA .He has served as a member of Professional Accountancy Organization Development Committee of International Federation of Accountants (IFAC). He also served as a Chairman of Investigation Committee, CPD Committee and Education &Training Committee etc of ICAP. During his tenure as Chairman ETCOM the Education Scheme 2013 of ICAP was launched. He was also a member of the Northern Regional Committee twice from 1993 to 2001.