P R Ramesh
Independent Director
Mr. P R Ramesh was the Chairman of Deloitte India and has over 40 years of experience in the profession. He graduated in Commerce from Osmania University, Hyderabad and is a Fellow Member of the Institute of Chartered Accountants of India (ICAI). He has also served as a member of Deloitte Global Board and Deloitte Asia Pacific Board.
Mr. Ramesh has been associated with various Regulatory bodies, Industry bodies and the Institute of Chartered Accountants of India.
He was a member of SEBI (Securities and Exchange Board of India) High Powered Advisory Committee dealing with settlements of enforcement actions, the SEBI Committee on Disclosures and Accounting Standards (SCODA), and the Committee for Reforming the Regulatory Environment for doing Business in India set up by Government of India.
He was an Invitee to the committee set up by the Reserve Bank of India to assist in convergence to IFRS by banks, was a member of the Technical Committee to review the form and presentation of the Balance Sheet of the Reserve Bank of India, served as a member of Insurance Regulatory and Development Authority (IRDA) - Standing Committee on Accounting Issues, and was a special Invitee to the National Advisory Committee on Accounting Standards (NACAS).
In the Confederation of Indian Industries (CII), he was a member of the National Council, the Committee on Financial Reporting (also was the Chairman of the Committee), and the CFO Forum. He is currently a member of the Committee on Corporate Governance and the Committee of Regulatory Affairs in CII.
He was a member of National Executive Committee of the Federation of Indian Chambers of Commerce and Industry (FICCI); and a member of the Risk Task Force set up by FICCI and Global Risk Initiative. He is a Past President of the Bombay Chamber of Commerce & Industry (India’s oldest Chamber of Commerce).
He has lectured extensively in India (including in programmes and workshops conducted by the Institute of Chartered Accountants of India (ICAI), the Institute of Internal Auditors, RBI, CII, SEBI, IMF and other bodies, and abroad on a variety of subjects.
He has been an audit partner for a large number of Companies in manufacturing, banking and financial services, technology, media, telecommunications, energy and resources and consumer business sectors throughout his professional career.
Mr. Ramesh has co-authored a publication by CCH titled iGAAP – Financial Reporting Standards in India including a comparison with International Financial Reporting Standards (IFRS). He is a member of the Board of Studies and the Faculty of Commerce of Osmania University. He was a member of the Audit Practices Committee of the ICAI which issued the Guidance Note on the ‘Audit of Banks’, the committee set up by Accounting Standards Board of the ICAI which finalised the ‘Guidance Note on Recognition of Revenue by Real Estate developers’.
He is an empaneled expert on IFRS with the International Monetary Fund and currently the Chairman of the Insolvency Research Foundation.
Mr. P R Ramesh joined the Board on October 31, 2023.
