Muhammad Farooq has been elected as president of The Institute of Chartered Accountants of Bangladesh (ICAB) for the year 2020, said a press release.
Farooq will take over the charge as president of ICAB on January 1, 2020, it said.
Sidhartha Barua, Sabbir Ahmed and Mohammed Forkan Uddin have been elected as vice-presidents of the organisation.
The new ICAB office bearers were elected unanimously by the members of the council prior to ICAB’s 47th annual general meeting chaired by outgoing ICAB president AF Nesaruddin at the ICAB auditorium in Dhaka on Wednesday, it added.
Farooq is the managing partner of Howladar Yunus & Co, Chartered Accountants, a full member firm of Grant Thornton International.
He became an associate member of ICAB in 1986 and a fellow member in 1991 of ICAB. He has been in the ICAB Council since 2013 and served ICAB as vice-president (F & A) in 2013. He chairs the Professional Development Committee (PDC) and Real Estate Committee (REC) and is member of different standing and non-standing committees of Council-ICAB.
Sidhartha became an associate member of ICAB in 1995 and a fellow member in 2000 of the Institute.
He is currently the partner of MA Mallik & Co, Chartered Accountants, Chittagong and council member of ICAB for the term 2019-2021. He is the co-chairman of SMP Committee and Real Estate Committee 2019.
Sabbir became associate member of ICAB in 2000 and fellow member in 2005. A partner of M/s Hoda Vasi Chowdhury & Co, Chartered Accountants, he is a council member of ICAB for the term 2019-2021.
Prior to returning to Bangladesh, he worked with KPMG Australia for more than 10 years in senior managerial positions including secondment to other KPMG ofﬁces in Indonesia, Singapore, UAE, UK, US, under a global mobility programme.
Forkan became an associate member of ICAB in 2005 and fellow member in 2010.
At present, he is the managing partner of M M Rahman & Co, Chartered Accountants, a member ﬁrm of Russell Bedford International (UK) and council member of ICAB 2019-2021.
He has served as a partner at Masih Muhith Haque & Co, Chartered Accountants and as manager of Banco Finance & Investment Ltd.
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