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.