BS People: Deepak Kapoor

Article of faith

Deepak Kapoor’s 32-year association with the Indian arm of global consultancy PricewaterhouseCoopers (PwC) has finally paid off. The 52-year-old Kapoor, who joined the firm as an articled trainee in 1978 and became partner in 1991, is set to become its chairman, overseeing India operations, from January 1.

The appointment comes as no surprise, as Kapoor has been PwC India networks’ managing director for the last three years. A certified fraud examiner, Kapoor is perhaps the best bet for an organisation that has seen some of its partners embroiled in the infamous Satyam accounting fraud — the country’s largest corporate scam — almost two years ago.

“I am honoured that I have been chosen and gratified by the confidence that the India partners have shown in me at this challenging and exciting time for our business,” said Kapoor. He hopes that the post-Satyam changes within PwC India will have a positive impact on clients and in recruiting talent.

Kapoor served in a variety of leadership and client service roles, initially as an auditor and then as an M&A professional. He led the financial advisory practice for more than eight years and the telecom, entertainment & media practice for ten. His experience in India and overseas encompasses multiple industries, including consumer products, manufacturing, telecom, technology, healthcare and entertainment & media.

As chairman, Kapoor will be responsible for a network of organisations that employs over 6,000 people in India. He has held positions on sectoral committees and represented PwC at various industry chambers like CII, Ficci and Assocham. He pioneered PwC’s CSR initiative in India, and set up the PwC Foundation.

A commerce graduate from the Delhi University, Deepak is a member of the Institute of Chartered Accountants of India and Institute of Company Secretaries of India. The certified fraud examiner is registered with the Institute of Certified Fraud Examiners in the US.