Dear Members and Internal Audit Professionals,

Greetings!!

I am deeply humbled, honored and privileged to address you as the incoming President of The Institute of Internal Auditors, Bombay Chapter for 2023-24. It is with great enthusiasm and a sense of responsibility that I welcome you to another promising year of growth, learning, and excellence. I am excited to have the opportunity to serve you and our profession with all the efforts to elevate our IIA Bombay Chapter to greater heights

Our chapter has always stood as a guiding light in the field of Internal Audit. As we navigate the increasingly dynamic and complex terrain of business and governance, our role becomes ever more crucial. I am very happy to say that this year, we have a full house – Board of Governors (BOG) of 20 members including 8 new members. I see a lot of enthusiasm and hope this increases as the year progresses.

It was heartening to see the tremendous interest in response to the call for BOG and volunteers. The independent Nomination Committee had a daunting task of selecting 20 BOG out of 51 nominations, which was a record in itself. I am thankful to Mr. Nagesh Pinge, Mr. Bhaskar Subramanian and Mr. Burzin Dubash for guiding us and putting in considerable time in curating the BOG.

One of the first tasks as your President is to introduce the new BOG who is committed to steer our Chapter towards greater success. Please join me in welcoming Satyajit Ghoshal (VP IA - TATA Chemicals Ltd.), Ashish Jain (CAE - Nayara Energy Ltd.), Vijayalakshmi Suresh (VP & Chief Internal Auditor - Voltas), Neeyati Kothari (Partner - Deloitte), Harshit Baxi (Director - Eisner Advisory Group), Naveen Malpani (Partner - Grant Thornton), Rajeev Kakkad (Partner - KPMG) and Kashyap Vaidya (Partner T R Chaddha) as Governors on the Board. We will continue to have support from V. Swaminathan, Akhilesh Thakur, Adithya Bhat, Percy Amalsadiwalla, Burzin Dubash, Manoj Agarwal, Ashish Shah, Chetan Thakkar, Nikhil Kenjale and Manish Solanki on this journey

I take this opportunity also to acquaint you of the new managing committee for 2023-24 as well as the sub-committees formed