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Futureproofing the finance function in a digital world

September 16, 2020 @ 8:30 am - 9:45 pm IST

Free

This panel event will bring together senior figures in the profession from India and the UK, and will provide a unique opportunity to learn about the development of the profession around the world, the approaches taken by both institutes to support digital transformation in their members and to share future visions.

The event will mark the launch of the research report Automation in finance functions: lessons from India and the UK, a collaboration between ICAEW and ICAI. It will draw on some of the key themes and findings in the report related to the future role of finance, the urgency of change and the impact of technology on the roles and skills of chartered accountants.

As well as an industry panel discussion, the event will include opening remarks from the Presidents of both institutes.

Please note the webinar will be hosted by the ICAI, the view button above will take you directly to the ICAI live stream page. The webinar will start at 08:30 (BST) on Wednesday 16 September. The live stream link can be saved into a calendar reminder. 

Speaker bios

Appointed Chief Executive in 2006, Michael’s leadership has seen ICAEW embrace a vision of building a world of strong and sustainable economies, transforming itself into a professional accountancy body with a truly global identity and reach.

Michael regularly meets ministers, policy-makers and regulators from around the world, and is a frequent media commentator on economic and business issues. He has recently led the institute’s response to the Covid-19 crisis, providing ICAEW members with insight and guidance to support their businesses and themselves in practice. He also passionately believes that the wider emerging forces which are already changing the very nature of work – such as technological disruption – present ICAEW Chartered Accountants with many more opportunities than threats, and is committed to helping the profession meet these challenges.

Michael qualified as an ICAEW Chartered Accountant in 1986 with Coopers & Lybrand after graduating in law from Durham University, where he was also president of the student union. He has served as a school governor for eleven years and is a trustee of several charities, including Moorfields Eye Charity, supporting London’s world class Moorfields Eye Hospital. Prior to joining ICAEW, he spent four years at Spring Group, where he was managing director of several businesses and group finance director. From 1989 to 1996 he worked for the Canadian company, John Labatt Ltd., latterly as managing director of its retail arm.

David has recently retired from KPMG where he worked since graduating from the London School of Economics in 1982. He qualified in 1985 and became a partner in 1996, working primarily with large multinational organisations which have included AstraZeneca, Bunzl, Diageo, Cadbury, Eurotunnel, Johnson Matthey, United Biscuits and VT Group.

Whilst at KPMG, he held a number of management roles, including a member of both the Board and Executive Committee of KPMG in the UK (2012-2018); Head of Accounting Advisory Services (2008-2011); Head of Audit for KPMG’S Consumer and industrial Markets group (2004-2007); and Head of KPMG’s Drinks sector (2001-2007).

In addition to being a Council member since 2010, his work with the ICAEW has included membership of the Professional Standards Board (2011-2012) and of the Technical Strategy Board (2012-2018), including as chair (since 2013).

Beyond the ICAEW, David was previously a member of the Working Group and Technical Task Force of the International Integrated Reporting Committee and responsible for KPMG’s relationships with Tomorrow’s Company and the Directors’ Forum.

He is also a Court Assistant of the Worshipful Company of Chartered Accountants in England and Wales, a Justice of the Peace and a trustee of the Treloar Trust.

V S Parthasarathy (fondly known as Partha) is President of the Mobility Services Sector and member of the Group Executive Board at Mahindra Group.

The newly formed Mobility Services Sector (MSS) is the growth driver and incubation platform for future investments by the Mahindra Group in technology-driven mobility companies, with the vision of co-creating the ‘Future of Mobility’. It encompasses all the mobility businesses within Mahindra, including Mahindra Logistics and the erstwhile aftermarket sector (Mahindra First Choice Wheels and Mahindra First Choice Services). The Sector also leverages Mahindra’s investments in Meru, SmartShift, and Zoomcar.

Partha is the Chairman of Mahindra Logistics, Smartshift Logistics and Meru Travel Solutions, and serves on the boards of Tech Mahindra Ltd., Mahindra & Mahindra Financial Services Ltd., Mahindra Holidays and Resorts India Ltd. and CIE Automotive S.A. Spain.

He is Chairman of the FICCI Council on Sustainable Mobility, co-chair for OECD EMnet Business and Sustainability Working Group and was President of Bombay Chamber of Commerce & Industry (BCCI) in 2019.

He was the Associate Director at Xerox, before joining Mahindra in 2000. He began with an HR stint where he brought about organizational transformation and journeyed through Deming Prize. He later spearheaded functions like finance, M&A, IT and international business prior to being M&M’s Group CFO and Group CIO until 31st March 2020.

He is a much awarded professional, a thought leader, and a votary of transformational changes with over 3 decades of experience. He was awarded the Lifetime Achievement awards for both his CFO and CIO roles, the BusinessWorld – Yes Bank Hall of Fame Award, Best CFO of India Award by IMA, and Digital Icon of India Award by HPE.

Partha is a CA from ICAI and ICAEW and an alumnus of Harvard Business School’s AMP (2011).

He runs for Nanhi Kali (the Girl Child Education NGO) at Mumbai Marathon and was adjudged as the 2019 Change Legend for being the highest fund raiser in its history.

After a degree in business information systems Nic qualified as a chartered accountant before embarking on a career in public sector. She then spent nearly a decade working for the Falkland Islands Government Treasury in various roles spending the last four years as Honourable Financial Secretary where she had responsibility for finance, taxation and a number of corporate and policy functions.

Nic is currently the Director of Corporate and Chief Financial Officer for the Oil and Gas Authority where she leads a diverse team delivering services in data, information and digital solutions to enable and support strategic decisions. These include digital transformation, data policy, digital services, IT and finance. She leads a team who launched the National Data Repository, a first in the UK for providing open industry data to encourage use of innovative technologies such as machine learning and artificial intelligence. She currently Chairs the ICAEW Tech Faculty Board, sits on the ICAEW Council and holds an MBA from Warwick Business School.

Kirstin Gillon plays a leading role in ICAEW’s thought leadership programme on technology and the profession. She researches and analyses how technology trends such as big data, AI and cyber security are influencing businesses and the accountancy profession.

She publishes widely on these themes, liaises with the business, academic and policy communities and is a regular speaker at conferences, including the 2018 World Congress of Accountants. Recent publications include Artificial intelligence and the future of accountancy, Fintech innovation: perspectives from Singapore and London and Automation in finance functions: lessons from India and the UK. She joined ICAEW from PwC’s IT consultancy practice and previously worked at IBM as a project manager and business analyst.

Sandhya is the Global Head of Audit and Risks for Wipro Enterprises (WEL). Before this, she was with Wipro Technologies as the Global Head of Finance for Consumer Business Unit. Prior to joining Wipro, Sandhya worked close to a decade and a half with Unilever in various roles including Business Partnering, Controllership, Shared Services, IT, Project Management, Supply Chain Finance etc.

She was placed in India’s Top 100 Women in Finance by AIWMI (Mar’19). She has been awarded the CA CFO – Services Sector in Feb’15, CA CFO – Woman in Jan’14 and CA Professional Achiever – Woman in Mar’13 by the Institute of Chartered Accountants of India (ICAI). Sandhya was Placed in the Top 50 Young Leaders in India (Out of 27000 + Participants) by Economic Times in 2011. An Alumna of the ICAI, she had secured an All India Rank in Foundation, Inter and Final Examination.

Sandhya is a regular speaker at National and International Conferences of ICAI and CFO Forum on Various Topics.

A mother of a 13-year-old, Sandhya looks at passion as the Key to professional success and personal gratification.

Dr. In–Ki Joo became President in November 2018, having previously served as Deputy President. Dr. Joo joined the IFAC Board in November 2012, nominated by the Korean Institute of Certified Public Accountants (KICPA).

He is a leading Professor at The State University of New York, Korea. Prior to this, he has also taken positions of: Professor, Emeritus, of Accounting at the Yonsei University School of Business (Republic of Korea); Dean of the University College; and Dean of Academic Affairs at Yonsei University.

Dr. Joo is a past President of the Confederation of Asian and Pacific Accountants (2009-2011). He has also served as the President of the Korean Accounting Association, as well as the President of the Korean Academic Society of Business Administration. He was a member of the Advisory Committee to the General Audit Bureau in the Republic of Korea and the President of the Korean Academy of Business Ethics. He is currently a member of the board of various organizations in Korea.

He received the Decoration of Excellent Achievement by the President of Republic of Korea in 2004 and Honor from the Deputy Prime Minister and the Ministry of Finance and Economy in 2001. He has also published many books, including Theory of Financial Accounting Standards, and many articles on financial accounting.

Dr. Joo earned an MBA and PhD in accounting at New York University (US) and is a member of KICPA and a former member of the American Institute of CPAs.

Details

Date:
September 16, 2020
Time:
8:30 am - 9:45 pm IST
Cost:
Free
Event Category:
Website:
https://events.icaew.com/pd/18147/futureproofing-the-finance-function-in-a-digital-world?returncom=productlist

Venue

Online Event

Organiser

ICAI