The Institute of Chartered Accountants of Bangladesh (ICAB) has elected Muhammad Farooq FCA as President and Sidhartha Barua FCA, Sabbir Ahmed FCA and Mohammed Forkan Uddin FCA as Vice Presidents of the Institute for the year -2020.
The new office bearers of ICAB were elected unanimously by the members of the Council –ICAB shortly before holding 47th Annual General Meeting of the Institute which was chaired by outgoing ICAB President A F Nesaruddin FCA at ICAB auditorium on Wednesday, 18 December 2019. Muhammad Farooq FCA will take over the charge of President of ICAB on 1 January 2020.
Short Profile of ICAB President: Mr. Muhammad Farooq FCA
Mr. Muhammad Farooq FCA, is currently the Managing Partner of Howladar Yunus & Co., Chartered Accountants, a full member ﬁrm of Grant Thornton International. During his years of service as public accountant, he established himself as an expert in the audit of Banks and Financial Institutions, and advisory services to projects financed by Development Partners. Mr. Farooq has obtained a wide range of experience in the monitoring, review and performance of audit conducted under different Embassies, and International Agencies.
Mr. Farooq has been in the ICAB Council since 2013. He 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. Mr. Farooq became an Associate Member in 1986 and a Fellow Member in 1991 of ICAB. He did his graduation & masters from Dhaka University.
Short profile of Vice Presidents: Sidhartha Barua FCA
Sidhartha Barua FCA, became an Associate Member of ICAB in 1995 and a Fellow Member in 2000 of the Institute. Mr. Barua obtained M. Com degree in Accounting from Chittagong University. He served in Meghna Petroleum Ltd. from 1987 to 2001 in different capacities. He is currently the partner of M. A. 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. He has also been rendering services to the ICAB as member of different standing and non-standing committees.
Mr Barua was the Chairman ICAB- CRC in the year 2004 and the Executive Member of ICAB-CRC during 2004-2006. Earlier, he served as visiting professor in Premier University, Chattogram and member development committee, Chittagong University. He is a permanent Member & Convener of Finance Committee-Chittagong Club Limited, President and Trustee-Bangladesh Buddhist Foundation & Trustee Prantic Welfare Trust, Life Member of Diabetic Association of Bangladesh.
Sabbir Ahmed FCA
Sabbir Ahmed FCA, became Associate Member of ICAB in 2000 and Fellow Member in 2005. A Partner of M/s Hoda Vasi Chowdhury & Co., Chartered Accountants, Mr. Ahmed is a Council Member of ICAB for the term 2019-2021.
Prior to returning back to Bangladesh, Mr. Ahmed worked with KPMG Australia for more than 10 years in senior managerial positions including secondment to other KPMG ofﬁces in Indonesia, Singapore, UAE, UK, USA etc. under global mobility program.
He presented many key-note papers on various professional issues at ICAB CPD seminars/members conferences. As a faculty member, he has been delivering lectures for the advanced level students of ICAB and training on IFRS and auditing related matters to the ICAB members.
He is associated with many philanthropic organizations like member of Transparency International, board member of Australia Bangladesh Council, Melbourne. As a visiting/adjunct Professor Mr. Ahmed is involved in teaching at Dhaka University and BRAC University. In addition to writing in leading national dailies on professional issues, he is also invited to participate in TV talk shows to discuss topical business and ﬁnance related matters.
Mohammed Forkan Uddin FCA
Mohammed Forkan Uddin FCA, became an Associate Member in 2005 and Fellow Member of the Institute of Chartered Accountants of Bangladesh (ICAB) in 2010. Presently 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 also been rendering service to ICAB as one of the faculty member and member of different standing and non-standing committees. Before joining as partner of M M Rahman & Co., Chartered Accountants, he was partner of Masih Muhith Haque & Co., Chartered Accountants. He also served as manager of Banco Finance & Investment Ltd. He is the life member of Bangladesh Economic Association, Feni Samity, Treasurer of Rotary Club of Baridhara Sunrises. He is a regular participator in Live TV Program on Economic/Business issues.