Meet the Bank's CSR Committee
Mrs. Kanchan Chitale, Chairperson of the CSR committee
Mrs. Chitale was Senior Finance Manager at SICOM before she set up her own professional practice as a Chartered Accountant. At SICOM, she handled various functions including Project Assessment/Appraisal and Accounts. She managed the legal and the company's Secretarial functions and operations of the newly set up State Government Corporation MOPEC while on deputation from SICOM during 1982-83. She also handled the overseas project assignment in Baghdad in 1982. In her practice for nearly 20 years, her main functional areas include Internal and Management Audits of corporates and specialised/concurrent audits of commercial banks and financial institutions. Mrs. Chitale has had extensive Internal Audit exposure as Associate Director of M/s M. P. Chitale & Co., a leading accounting firm in India associated with big corporate names in infrastructure/construction and in banking industries. She has contributed articles and given talks on professional topics at seminars and conferences.
Mr. Yashodhan M. Kale
Mr. Y. M. Kale, FCA (England & Wales) & FCA (India), was President of the Institute of Chartered Accountants of India (ICAI) during 1995 – 1996. He had been Chairman of ICAI’s Accounting Standards Board as well as the Audit Practices Committee in earlier years, having been on the apex ICAI Council for 16 years (1982 to 1998). During 1995-98, Mr. Kale was the India Representative in the Board of International Accounting Standards. Since 2002, Mr. Kale is Group President, Corporate Governance & Development, in Hinduja Group India Ltd. and is a Director in several Group Companies. Mr. Kale had been appointed by RBI as ‘Member’ of the Group for introduction of Concurrent Audit of banks and ‘Member’ of the ‘DBOD Working Group on Revised Formats for Published Accounts of banks’. Mr. Kale has also served on many Committees constituted by SEBI and by the Government of India. He was also Chairman of a Committee for setting Accounting Norms for Trading Members of the National Stock Exchange.
Mr. Romesh Sobti, (Managing Director and CEO)
Prior to IndusInd Bank, Mr. Sobti was the Executive Vice President – Country Executive, India and Head, UAE and Sub-Continent, at ABN AMRO Bank N.V. He joined ABN AMRO in November 1990 and graduated from the position of a Chief Manager to the Country Executive over a period of 18 years. In his banking career spanning 33 years, Mr. Sobti has been associated with ANZ Grindlays Bank Plc (now Standard Chartered Bank) and State Bank of India in the past. He holds a Bachelors Degree (Honours) in Electrical Engineering and has also done his diploma in Corporate Laws and Practice and Secretarial Practice.