Rahul Roy (4 October 1963 – 18 November 2009) was an

Indian Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asia ...

chartered accountant and the former President of

ICAI The Institute of Chartered Accountants of India (ICAI) is India's largest professional accounting body under the administrative control of Ministry of Corporate Affairs, Government of India. It was established on 1 July 1949 as a statutory bod ...

Career

In 1998, Rahul Roy, a former president of the

Institute of Chartered Accountants of India The Institute of Chartered Accountants of India (ICAI) is India's largest professional accounting body under the administrative control of Ministry of Corporate Affairs, Government of India. It was established on 1 July 1949 as a statutory bod ...

(ICAI) became the youngest person ever to head the ICAI, the second largest professional institute in the World, at 34 years of age. Earlier Rahul had been the chairman of the ICAI's Eastern Region when he was 31 years old. The highly acclaimed "campus interview" scheme was introduced by Rahul when he chaired the Committee for Members in Industry of the ICAI. On behalf of India, Rahul executed a landmark MoU with the Kingdom of

Nepal Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is mai ...

to assist in developing the profession of chartered accountancy there. Rahul also conceived and executed bilateral agreements with the Italian, Russian, Kyrgyzstan and Ukrainian professional bodies, for development of the Auditing and Accounting profession. Rahul served a full term on the Ethics committee of the International Federation of Accountants (IFAC), New York and actively participated in the evolution of the "risks-threat-safeguards" framework of addressing Auditor Independence. He served on the Steering Committee (later renamed Advisory Committee) on Extractive Industries, of the

International Accounting Standards Committee The International Accounting Standards Committee (IASC) was founded in June 1973 in London at the initiative of Sir Henry Benson, former president of the Institute of Chartered Accountants in England and Wales. The IASC was created by national acc ...

(now,

International Accounting Standards Board The International Accounting Standards Board (IASB) is the independent accounting standard-setting body of the IFRS Foundation. The IASB was founded on April 1, 2001, as the successor to the International Accounting Standards Committee (IASC). ...

)., London. He was deputed to represent the IFAC's Ethics Committee at the Confederation of Asia Pacific Accountants(CAPA)< conference at Philippines, and the Eastern Central and South African Accountants (ECSAFA) conference at Nairobi as a speaker. He chaired all the three standing committees of ICAI (the examination, executive and disciplinary committees), the last of which is invested with the power of seeking evidence and summonsing, equivalent to a High Court in India. He served on a number of committees set up by the Reserve Bank of India (India's central bank), the Securities Exchange Board of India (India's securities regulator) and the Government of India. He was a member of the Advisory Board of the Comptroller and Auditor General of India (C&AG, the Supreme Audit Authority in India). He was a member of the World Bank Team's Mission to the State of Karnataka in the year 2000 (?).

Professional life

Roy was the youngest-ever President of the

and after his tenure, he joined

Ernst & Young Ernst & Young Global Limited, trade name EY, is a multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and Pricewaterh ...

as Director in 1999.

Personal life

Roy has been the general secretary of the Calcutta Debating Society. His ancestry included

Welsh Welsh may refer to: Related to Wales * Welsh, referring or related to Wales * Welsh language, a Brittonic Celtic language spoken in Wales * Welsh people People * Welsh (surname) * Sometimes used as a synonym for the ancient Britons (Celtic peop ...

Bengali Bengali or Bengalee, or Bengalese may refer to: *something of, from, or related to Bengal, a large region in South Asia * Bengalis, an ethnic and linguistic group of the region * Bengali language, the language they speak ** Bengali alphabet, the w ...

and

Assamese Assamese may refer to: * Assamese people, a socio-ethnolinguistic identity of north-eastern India * People of Assam, multi-ethnic, multi-linguistic and multi-religious people of Assam * Assamese language, one of the easternmost Indo-Aryan language ...

lines. He died on 19 November 2009 in Kolkata and is survived by his wife Soma and daughter Rohini Roy. His daughter Rohini has authored his biography "Remembering Baba" which has been published by Penguin India.

References

{{DEFAULTSORT:Roy, Rahul Indian accountants Businesspeople from Kolkata 1963 births 2009 deaths