ICAI Kuwait Chapter held its 12th AGM and CPE on Private Equity Simplified

Wednesday, May 8, 2019

The Institute of Chartered Accountants of India Kuwait Chapter conducted its Annual General meeting along with a continuing Educational programme (CPE) exclusively for the benefit of its members. CA Sai Devata has been elected as the New Chairman of the Kuwait Chapter for the year 2019-20 and takes over from CA Noel Cherian. The evening began with a welcome address by CA Noel followed by a short video of all the activities and events conducted during the last year. CA Noel then welcomed the new Chairman C A Sai Devata to take over and formally introduce his team. CA Sai Devata has delivered the chairman’s message and officially introduced the new team and as well articulated the Vision and strategy to be adopted in the next one year including the events lined up in the next one year. He also welcomed CA Kaizar Shakir as Vice chairman, CA Deepak Bindal as Secretary and CA Aditya Dhanuka as the Treasurer including other office bearers.

This was followed by a session on Private Equity by CA. Pankaj Mundra, the founder and managing partner of Nimai Emerging Financial services fund who travelled all the way from Dubai to address the members. CA Pankaj explained various aspects of Private equity and its growing importance as a tool of financing for both start ups as well as established companies exploring new markets. The session was well received by the audience of about 90+ and the event concluded with Vote of Thanks by the Secretary CA Deepak Bindal.

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