homebusiness NewsCelebrating Excellence: Unveiling the talent of 40 under 40 CA Business Leaders Awards season 2

Celebrating Excellence: Unveiling the talent of 40 under 40 CA Business Leaders Awards season 2

ICAI & CNBC-TV18’s annual flagship event celebrates the accomplishments of young achievers of the 40 Under 40 in CA Business Leaders Awards.

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By CNBCTV18 Travel Desk  Dec 20, 2023 10:59:42 PM IST (Published)

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Celebrating Excellence: Unveiling the talent of 40 under 40 CA Business Leaders Awards season 2
The esteemed Institute of Chartered Accountants of India (ICAI) in association with CNBC-TV18 organised Season 2 of their flagship awards, ‘CA Business Leaders- 40 Under 40’ on 11th December 2023 in Mumbai to recognise and felicitate the exemplary contributions of young outstanding CA Business Leaders who have demonstrated excellence as CA professionals.

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To honour the accomplishments of these emerging leaders, numerous industry leaders, policymakers, dignitaries and key ICAI personnel congregated at the grand event.
The event was graced by the presence of Chief Guest CA. Akhil Gupta, Vice Chairman, Bharti Enterprises. Among the attendees at the occasion were CA. Aniket Sunil Talati (Honourable President, ICAI), CA. Ranjeet Kumar Agarwal (Honourable Vice President, ICAI), CA. Durgesh Kumar Kabra (Chairman, CMI&B, ICAI), and CA. Rohit Ruwatia Agarwal (Vice Chairman, CMI&B, ICAI).
Opening greetings at the award ceremony
CA Durgesh Kumar Kabra extended a warm welcome to the participants at the award ceremony. He underscored the importance of Chartered Accountants in nation-building and their crucial role in upholding the economy. He stressed the significance of acknowledging their outstanding contributions through this initiative.
CA Rohit Ruwatia Agarwal made a special address to all the attendees of the event and recognised the significant role of CAs and CA institute in uplifting the industry.
Chief guest's perspective
The event started with a fireside chat with Chief Guest CA. Akhil Gupta on the topic ‘Strengthening Governance in the Indian Startup Ecosystem’. While contributing his views he stressed the importance of keeping the accounts clean and conducting quarterly full audits to ensure good governance and sustainable growth for start-ups. He also highlighted that the start-up ecosystem in India is growing strong every passing year.
Insightful panel discussion by industry experts
The event continued with a panel discussion on the topic – ‘India’s Amrit Kaal: Roadmap for a Sustained & Inclusive Economy’. The panel of experts who contributed their views on the topic included CA. Sanjeev Churiwala (Group CFO & Head Strategy, Tata Power), CA. Deepal Shah (Group CFO, Allcargo Logistics), CA. (Dr.) Debashis Mitra (Past President, ICAI), CA. Kedar Patki (CFO, IndiaFirst Life Insurance) and Ms. Rajashree Murkute (Senior Director, CareEdge Ratings).
CA Sanjeev Churiwala emphasised India's energy transition towards renewables, acknowledging progress but highlighting the need for a substantial ramp-up in capacities to meet ambitious targets and secure a sustainable energy future.
Ms Rajashree Murkute highlighted the need to focus on infrastructure, innovation, and sustainable sectors leveraging India's skilled workforce to achieve ambitious GDP targets by 2047, emphasising inclusive growth and global participation in the economy.
CA Dr Debashis Mitra emphasised leveraging technology for transparent taxation, foreseeing increased revenue through technological advancements in both direct and indirect taxation, crucial for meeting G20 targets and enhancing the Tax-to-GDP ratio.
CA Kedar Patki spoke about the transformative role of technology in achieving the goal of insurance for all by 2047, highlighting the need to shift the perception of insurance as a long-term financial instrument while leveraging technology-driven insights and awareness initiatives to overcome challenges and enable widespread coverage.
CA Deepal Shah shared valuable insights on the critical role of efficient logistics in India's growth, highlighting the need to reduce costs, enhance infrastructure, and improve regulatory environments to boost competitiveness to become a global manufacturing hub and elevate export capabilities.
Special address by ICAI representatives
The event continued with a special address by CA. Ranjeet Kumar Agarwal. He shed light on India's escalating position on the global stage, highlighting its rank as the world's fifth-largest economy and its emergence as the largest market worldwide. In emphasising the pivotal role of Chartered Accountants, he underscored their potential to contribute significantly to the nation's growth and development.
Following that, CA. Aniket Sunil Talati delivered a special address. He expressed gratitude to all participants, process partners, and jury involved in the awards. Additionally, he acknowledged and commended the sincere hard work of Chartered Accountants. He mentioned that their meticulous attention to detail and unwavering dedication fortify the backbone of financial systems, steering businesses toward success with precision and insight.
Recognition of exceptional young CA business leaders
The event honoured the outstanding contributions of 40 CA business leaders under the age of 40, recognising their innovative ideas, strategies, and leadership. The accomplished CA business leaders were judged by a jury comprising of industry leaders and management stalwarts who have made a remarkable contribution to the business landscape and possess in-depth insight into the field of accounting.
The eminent names on the jury included CA. RM Vishakha (CEO/MD, India First Life Insurance Co), CA. Ramesh D. Chandak (Former MD & CEO, KEC International), CA. Hersh Shah (Chief Executive Officer, IRM India Affiliate), CA. Akhil Gupta (Vice Chairman, Bharti Enterprises), CA. Keki Mistry (Independent Director and Advisor), and CA. Sunil Agarwal (CFO, LIC India).
Closing remarks by ICAI representatives
The award ceremony ended with closing remarks by CA. Rohit Ruwatia Agarwal. He expressed his appreciation and gratitude to the organisers, panellists, Chief Guest, jury and ICAI team who worked hard to make this event a grand success. He also offered words of appreciation to the winners of ICAI CA Business Leaders 40 under 40 Season 2.
Click here to view the full list of winners of the ‘CA 40 Under 40 Awards Season 2’.
Note: This is a partnered post.

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