Monish Chatrath and Shavak J Kapadia of Mazars India, have been elected as members of Mazars, SCRL at the recently held Mazars global partners meet in Prague. The convention also marked the release of the 6th Annual report of Mazars (which is a unique act of transparency in the international audit and advisory world) and the integration of 5 new countries in the Mazars fold.
Monish and Shavak come from diversified backgrounds. Monish has over 20 years of experience in the profession and the industry, having worked with Arthur Andersen, KPMG and Grant Thornton previously. Monish has been instrumental in developing a fast growing consulting practice (including Governance, Risk and Internal Controls services) for Mazars in India, since joining the Indian practice in August 2009. He is a strong advocate for corporate governance and well known for his expertise in enterprise wide risk management and strategic consulting.
Shavak has been with the Indian practice since 1998 and has over 15 years of experience in the fields of valuation, foreign exchange law, entry strategy, incorporation and formation services, due diligence and transaction support. He specialises in Corporate Advisory Services, which is seen as a growth engine for Mazars in India.
Mazars, Scrl is a limited responsibility corporative company, since its foundation, Mazars has chosen the demanding option of being a truly integrated firm. The Mazars Organisation is based on democratic partnership, which gives each partner the right to vote on the strategic decisions involving the future of the partnership.
While commenting on these two appointments, David Chapman, Mazars India Leadership Board India, said: India is a key growth market for Mazars and the Indian operations of Mazars have shown a remarkable growth in relatively short period of time. We are looking at India as a centre for excellence and are extremely bullish on establishing ourselves firmly in the country. India has been recognized as one of the fastest growing countries within the Mazars International organization and the appointment of Monish & Shavak goes on to further reiterate Mazars’ commitment and long term strategic focus in the sustained growth and development of the practice in India.
The past year has been extremely challenging and fruitful at the same time. Companies in India are increasingly seeking greater choice for their consultancy and advisory requirements and such developments reinforce the uniqueness of Mazars in terms of its global cohesiveness, said Monish on his appointment.
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Shavak said, “I am extremely pleased and privileged with this elevation. It’s a big responsibility as well as an opportunity to put India on the global map of Mazars’ operations”.