Mukund M. Chitale

Independent Director:

Mr. Mukund M. Chitale is a Practising Chartered Accountant for the last 30 years & is a Partner of Mukund M. Chitale & Co. (CA Firm) He was also the President of The Institute of Chartered Accountants of India (1997-98). He has been a member on various Committees like the International Auditing Practices Committee of International Federation of Accountants. He has been appointed as a Governing council member of Banking Codes & Standards Board of India. He is also currently on the Board of Larsen & Toubro Ltd. Ram Ratna Wires Ltd.  Shriram Transport Finance Co. Ltd. , Principal  PNB Asset Management Company  pvt. Ltd. ONGC Mangalore Petrochemicals ltd., ONGC Petro Additions Ltd. Foseco India Ltd. & Essel Propack Ltd. Shri Chitale has been appointed as Chairman of the National Advisory  Committee on Accounting Standards (NACAS), the country’s apex body for  Accounting Standards, with effect from February 1, 2011 .