Search

On Line Communication

Chat
Message Board
Webmail
Login

News Section

 
Call for Nominations to IFAC Boards and Committees
IPSASB Releases New Financial Instruments Standards
IFAC Releases Revised Results of Global Survey
CMA Sri Lanka admitted as new member of SAFA
SAFA Meetings at Colombo on 26th-27th April 2010
SAFA Events at Dhaka
SAFA Forum at WCOA 2010 - Invitation for Participation
New Office Bearers of SAFA
New Torch Bearers of ICAI
   



Home

»  Governance of SAFA »   SAFA Board

SAFA Board

On This Page
About SAFA Board     Objectives and Functions of SAFA Board          
Board Members    Board Meetings Meeting Management System

About SAFA Board
SAFA Board is the Executive Board of SAFA. As per the constitution of SAFA: -

a). The SAFA Board shall comprise of President, Vice-President, Immediate Past President, Secretary-General and one member nominated by each of the member-body and who can be accompanied in the meeting of the SAFA Board with one technical advisor. The Vice-President shall be deemed to be the member nominated by the body, which he represents, and the said body shall not have any right to nominate any member on the Board during the tenure of Vice-President.

b). Every member of the Board other than President, Vice-President and Immediate Past President shall have tenure of three years and shall be liable to retire by rotation. A person cannot be a member of the Board for more than two consecutive terms. A term served in part would constitute as a one full term served.

c). The SAFA Board shall meet at least four times in a year physically or through tele-conferencing or video conferencing through the use of audiovisual method, once in each quarter of the calendar year.
Top

Objectives and Functions of SAFA Board
The SAFA Board shall perform administrative, financial and other functions such as:-
(i)
consider policy, strategic and emergent issues for recommendation to the Assembly

(ii)
make recommendations to Assembly for constitution of committees and their terms of reference

(iii)
recommend to the Assembly on application for the admission as member, observer and on their suspension or removal

(iv)
recommend to the Assembly about the appointment of the auditor and fixation of their remuneration

(v)
set up task forces, study groups etc as may be required from time to time

(vi)
consider the budget of SAFA and its committees, for recommendations to the Assembly

(vii)
consider, receive and approve the financial statements of the SAFA for placing before the Assembly

(viii)
consider and adopt the reports of committees, task force, study groups etc

(ix)
determine response to other bodies or groups of bodies except on strategic, policy or emergent issues, for which recommendation shall be made to the Assembly

(x)
determine the publicity policy for SAFA, including policy on more prominent positioning at SAARC level

(xi)
maintain dialogue with the national Accountancy bodies, Government and regulators in different countries wherever required, for the furtherance of the objectives of SAFA

(xii)
appointment of employees, fixation of their remuneration and service conditions

Top

Meeting Management System
Meeting Management

Agenda
Mins
ATR
Others
Top

Board Members
President
Name:
Mr. Komal Bahadur Chitracar
Address:
Babar Mahal,
POB 5289,
Kathmandu, Nepal

Phone:+977 11 5258569, 4245925, +9779851024571
Fax:
+977 1 4258568
Email:
chitracar@wlink.com.np

Mr. Komal Bahadur Chitracar has been elected President of South Asian Federation of Accountants (SAFA) for the year 2010 at the Assembly meeting of SAFA held on 23 January 2010 at Kathmandu, Nepal. Prior to this election, Mr. Chitracar was the Vice President of SAFA for 2009.

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). He has been continuously engaged in the various committees of ICAN. 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. He is the senior partner of KB Chitracar & Co., Chartered Accountants which is one of the oldest and prestigious chartered accountancy firms in Nepal.

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.

Vice-President
Name:
Mr. A.N. Raman
Address:
Plot 10, PN Muthukumaraswamy Salai
Baby Nagar, 1st Main Road, Velachery
Chennai-600 042

Phone:
+91 44-30906831, +91 9840075719
Fax:
+ 91 11 24622156
Email:
anraman@gmail.com

Mr. A.N. Raman has been elected Vice-President of South Asian Federation of Accountants (SAFA) for the year 2010 at the Assembly meeting of SAFA held on 23 January 2010 at Kathmandu, Nepal.

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 is the current Chair of the Professional Accountants in Business Committee at the South Asian Federation of Accountants (SAFA), where he plays a pivotal role in promoting the work of the IFAC PAIB Committee in the Asian region. In addition, he is also a member of PAIB Committee of IFAC.

Mr. Raman is a member of the ICWAI, the Institute of Chartered Accountants of India, and the Institute of Certified Management Accountants of Sri Lanka.


Advisor
Name:
Mr. Sheikh A. Hafiz
Address:
The Institute of Chartered Accountants of Bangladesh
CA Bhaban, 100 Kazi Nazrul Islam Avenue
Dhaka-1215, Bangladesh

Phone:
+880-2-9115340, 9117521, 9137847
Fax:
+880-2-8119399
E-Mail:
sheikhhafiz@kpmg.com

Mr. Hafiz is a Senior Partner of Rahman Rahman Huq (RRH), a leading firm of Chartered Accountants in Bangladesh. RRH is a Member Firm of KPMG International , one of the "Big 4" Accounting Firms in the World.

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 was a member of the National Gas Utilization Committee. He was a Director of Sonali Bank Limited for over six years and currently a Director of Agrani Bank Limited.

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.


Name:
Dr. Jamaluddin Ahmed
President
The Institute of Chartered Accountants of Bangladesh
Address: Chartered Accountant Bhaban,
100, Kazi Nazrul Islam Avenue,
Kawran Bazar Commercial Complex,Dhaka 1215,Bangladesh
Phone:+880-2-9115340
Email: president@icab.org.bd

Dr. Jamaluddin Ahmed is an accounting graduate with honours followed by Masters from Dhaka University, a PhD (1996) from the Cardiff Business School, under the University of Wales United Kingdom as well as a Fellow of the Institute of Chartered Accountants of Bangladesh (ICAB) and is a council member of ICAB for the last nine years. Dr. Jamaluddin Ahmed FCA has been elected the President of The Institute of Chartered Accountants of Bangladesh(ICAB) for the year 2010. He is currently the Board Member of South Asian Federation of Accountants, an Apex body of SAARC. Dr Jamal is the 2 times’ elected treasurer of Bangladesh Economic Association and co-author of “From Cash to Accrual Accounting-Reforming Government Accounting in Bangladesh” with Professor Abul Barkat-General Secretary of Bangladesh Economic Association. Dr Jamal is co-researcher with Professor Abul Barkat in Rural Electrification and Regional Energy Co-operation.


Name:
Mr. A.B.M. Shamshuddin
Board Member
The Institute of Cost and Management Accountants of Bangladesh
Address: P.O. Box 2629,ICMA Bhaban, Nilkhet,
Dhaka 1205
Email: icmab@citechco.net

Name:
CA. Amarjit Chopra
President
The Institute of Chartered Accountants of India

Address: ICAI Bhawan, P.O. Box No. 7100,
Indraprastha Marg,New Delhi – 110002,India

Phone:+91-11-30110403
Email: president@icai.org

CA. Amarjit Chopra, a fellow member of the Institute of Chartered Accountants of India (ICAI), with more than three decades of standing, has been elected as the President of the Institute of Chartered Accountants of India (ICAI), for the year 2010-11 by the Twenty First Council on February 12, 2010. During his tenure in the Central Council, he has been the Chairman of Accounting Standards Board, Auditing and Assurance Standards Board, and Corporate Laws Committee for two years each and has been the Chairman of Expert Advisory Committee, Financial Reporting Review Board, Committee on Corporate Governance and Committee on Internal Audit for an year each.

He was nominated by the Punjab Government on the Committee for fixing the fee for the medical institutions. He was nominated to the Consultancy Syndicate and Energy Syndicate of the MOU TASK FORCE for the years 2008-09 and 2009-2010 respectively constituted by the Department of Public Enterprises.

He has been a speaker in International Conferences on Quality Control of Audit and Corporate Governance convergence with IFRS at Dubai, Karachi, Sri Lanka and London. He is also a Technical Advisor to International Auditing and Assurance Standards Board as ICAI representative.

He was actively involved in teaching for more than 20 years at Delhi University and is presently visiting faculty to some Management Institutes. He has been delivering lectures in training programmes at various banking institutions and C&AG Office. He is on the Board of various reputed companies including RICO Auto Ltd. He was a Central Government nominee on the Board of Bank of Baroda for a period of three years up to October, 2009 wherein he was also the Chairman of the Audit Committee.


Name:
Mr. Suvod Kr. Karn
President
The Institute of Chartered Accountants of Nepal(ICAN)
Address: Babar Mahal,POB 5289,
Kathmandu, Nepal

Mr.Suvod Kumar Karn, BBA, LLB, FCA has been elected President of the Institute of Chartered Accountants of Nepal (ICAN) for the year 2009-2010. He was Vice President for the year 2008-2009.  Graduated in Commerce from Tribhuvan University, Kathmandu, and Law from Bihar University, India, Mr. Karn is a Fellow Member of ICAN and ICAI.

Mr. Karn qualified as Chartered Accountant from the Institute of Chartered Accountants of India (ICAI)  in 1993 and founded the professional accounting firm Suvod Associates. He has also served almost eight years in various senior management levels in Public and Private Sector Organizations in Nepal.

Mr. Karn is dedicated to promotion and development of accounting profession in Nepal. He became council member of the Institute of Chartered Accountants of Nepal (ICAN) 2006-09 (Fourth Council) as well as 2009-2012 (Fifth Council). Since then, he has been contributing to strengthen and building of the Institute. During his tenure as a Council member he had shouldered many responsibilities. He also became the elected Executive Member of the Association of Chartered Accountants of Nepal (ACAN) for the year 2000-01.


He has represented the Institute in the Executive Committee (2008-09), Examination Committee (2008-09), Continuing Professional Committee (2007-08), Professional Development Committee (2008-09), Disciplinary Committee (2006-07 & 2007-08), Scholarship Selection Committee (2008-09),
Law Reform Committee (2008-09) and Task force on Middle Level Accounting Manpower (2007-08)

He has widely traveled in and out of Nepal including India, Bangladesh, Italy,  Netherlands, France & Belgium. He is also a resource person in various training and workshops conducted by the Institute.


Name:
Mr. Shaikh Saqib Masood
Board Member
The Institute of Chartered Accountants of Pakistan
Address: KPMG Taseer Hadi &
First floor, Sheikh Sultan Trust Bldg. No.2
Beaumont Road,  Karachi – 75530

Phone: +92-300-8221774
Email: saqibmasood@kpmg.com

Name:
Mr. Muhammad Rafi
Board Member
The Institute of Cost and Management Accountants of Pakistan

Mr. Muhammad Rafi is 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 is on the Council of Institute of Cost & Management Accountants of Pakistan (ICMAP) for the last 14 years and has been its President 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. Currently he is a member Consultative Group of IPSASB. He has also been the Chairman of SAFA Working Group on Accrual-Based Accounting for Governments and Public Sector Enterprises. Mr. Rafi has widely travelled and presented many papers at national and international conferences & seminars. 

Presently serving as General Manager (Finance) in the Oil and Gas Development Company Limited (the largest petroleum company of Pakistan), Mr. Rafi has 33 years of experience at senior management levels in Finance, Accounts and Banking


Name:
Mr. Sujeewa Rajapakse
Board Member
The Institute of Chartered Accountants of Sri Lanka
Address: 30A, Malasekera Mawatha,
Colombo – 7,Sri Lanka
Email: sujeewa@bdo.lk
Top

Board Meetings
S.No. Meeting Date(s) Venue
1. 1st 3rd-4th April 2007 New Delhi,India
Top

     Home | About SAFA | Announcement | Publications | Annual Report  | Contact Us | Site Map 
 
@ Copyright-2006, SAFA