ICAI Muscat Chapter AGM 2024: New Managing Committee Set to Drive Business Growth and Opportunities in Oman
MUSCAT: The Institute of Chartered Accountants of India (ICAI) Muscat Chapter, sponsored by the College of Banking and Financial Studies (CBFS), successfully held its Annual General Meeting (AGM) on May 4, marking a significant milestone in advancing professional excellence, governance, and member engagement.
The AGM saw active member participation, during which key topics such as the Chapter’s annual activities, financial status, committee reports, member initiatives, and the strategic plan for the upcoming term were thoroughly discussed and approved. The meeting also featured a notable leadership transition, with members expressing deep appreciation for CA Unmesh Bhome’s exemplary leadership and dedication during his tenure as Chairperson. Under his guidance, the Chapter strengthened its professional presence, boosted member involvement, and enhanced its reputation within Oman’s professional and business communities.
In acknowledgment of his ongoing guidance, CA Unmesh Bhome has been appointed as Advisor to the Chapter, ensuring continuity, mentorship, and strategic direction for the new committee.
The newly appointed Managing Committee for the forthcoming term was officially announced as follows:
– CA Sangeetha Sureshkumar — Chairperson and Women Members’ Excellence Sub-Committee Lead
– CA Badri Narayan Subudhi — Vice-Chairperson
– CA Ashish Subhedar — Secretary
– CA Abhishek R Vaishya — Treasurer and Sponsorship Sub-Committee Lead
– CA Unmesh Bhome — Immediate Past Chairperson and IT, PR, Media, Legal & Compliance Sub-Committee Lead
– CA Gaurav Kapoor — Past Chairman, Sports & Cultural Sub-Committee Lead and Salalah Sub-Committee Lead
– CA Ajil James Kurian — CPE Sub-Committee Lead and CFO Programme Lead
– CA Jay Duseja — Membership Sub-Committee Lead, Students Affairs Lead, and Sohar Sub-Committee Lead
The Chapter looks forward to a productive new term focused on enhancing professional initiatives, fostering knowledge-sharing platforms, supporting member development, and promoting collaboration within Oman’s finance and business sectors.
Following the AGM, members participated in a Continuing Professional Education (CPE) session themed “Ethics, Integrity and Accountability: Reinforcing the Foundations of the Profession.” The session featured a panel discussion with distinguished speakers CA Charanjot Singh Nanda, Past President of ICAI, and CA Sahil Arora, Chief of Corporate Affairs and Business Development at BNW Developments. They shared valuable insights into the evolving responsibilities of professionals in preserving ethical standards, strengthening public trust, and maintaining accountability amidst a rapidly changing business and regulatory landscape.
The discussion highlighted the crucial role of ethics and integrity as the foundation of the profession and key pillars underpinning the credibility and trustworthiness of Chartered Accountants globally.
The College of Banking and Financial Studies continues to play a vital role in supporting such initiatives, solidifying its status as a national center for professional development, executive education, and knowledge advancement in the financial sector. Through strategic partnerships, CBFS promotes high-quality knowledge exchange, enhances industry-relevant skills, nurtures future-ready finance professionals, and contributes significantly to Oman’s broader professional and knowledge-based economy.
Together, ICAI Muscat Chapter and CBFS reaffirm their commitment to fostering professional excellence, leadership development, and lifelong learning for their members and the wider business community.
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The ICAI Muscat Chapter’s recent AGM and strategic leadership transition signals renewed focus on professional excellence, ethics, and knowledge-sharing within Oman’s finance sector. For businesses, this underscores an opportunity to align with a more skilled, ethically-grounded financial community, essential for enhancing transparency and trust in a rapidly evolving market. Smart investors and entrepreneurs should consider leveraging these strengthened professional networks and continuous education initiatives to ensure compliance, risk mitigation, and sustainable growth in Oman’s dynamic economy.
