NEW DELHI, 4 November 2016: Shyamal Mukherjee has been elected as the new Chairman of PwC network of entities in India for a four year term beginning Jan 1, 2017.
Shyamal succeeds Deepak Kapoor, the current PwC India Chairman, who will step down on 31 December 2016, after two fruitful terms. As per PwC Governance rules, a chairman is allowed to serve a maximum of two terms.
Deepak is credited with PwC India’s transformation and during his tenure the firm witnessed exceptional growth and expansion, including the enviable record of growing at the fastest pace among other PwC network countries for three years in a row.
Commenting on the election of his successor, Deepak Kapoor said, “Shyamal's strength lies in his deep understanding of the Indian market, the dynamic regulatory environment and the ability to think ahead about what our clients need - all of which will be invaluable as PwC India marches ahead. His business insights, deep understanding of mega trends shaping the global landscape and strategic leadership will steer PwC India into an even brighter future."
On his appointment, Shyamal Mukherjee said, "I’m humbled to have been elected as Chairman of PwC in India. We are in very exciting times and it is my absolute privilege to lead PwC India and take it from strength to strength. My focus will be on seamless client delivery, being a great employer in the country and pioneering use of technology to drive innovation and efficiency."
"I would like to thank Deepak for his visionary leadership over the last several years that has helped PwC in India become stronger and grow across all lines of service. His emphasis on business ethics and delivering quality will always remain core to our Purpose of building trust and solving important problems,” he added.
Shyamal joined PwC in 1984 and became a partner in 1993. He has worked in the firm’s New York and London offices, and has significant experience in serving large, multinational clients in diverse industries. He has led the leadership programme for PwC’s next gen leaders and champions the cause of innovation, having closely supervised many such internal efforts in the recent past that are today bearing fruit.
Shyamal is a member of the India Leadership Team and also a part of PwC’s Global Strategy team. Prior to his current role as PwC India's Brand & Strategy leader, Shyamal was the Leader of the firm’s Tax & Regulatory practice where he played a stellar role in nurturing talent while also focusing on expanding capabilities. He is credited with starting PwC’s Transfer Pricing practice in 2001, when he also worked closely with the Government to draft TP regulations.
Active outside of PwC, he is on the Board of Editors of the Asia-Pacific Tax Bulletin (APTB) published by the International Bureau of Fiscal Documentation (IBFD). He is member of CII Working group on Lokpal and Lokayukta Act 2013 and Vice Chairman on National Board of American Chambers of Commerce.
He has done his Bachelor of Commerce and Bachelor of Law from Delhi University and is a fellow member of the Institute of Chartered Accountants of India
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