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 Mukund M. Chitale

Mukund Chitale has over 35 years of experience as a practicing chartered accountant. He was the President of the Institute of Chartered Accountants of India (ICAI) from 1997 to 1998. He has been a member of The International Auditing Practices Committee, The International Federation of Accountants, Verma Committee on Restructuring of Weak Public Sector Banks, Dr. Tarapur Committee on Procedures & Performance Audit of Public Services appointed by Reserve Bank of India and Company Law Advisory Committee of the Central Government.


Mukund also serves on the Boards of Larsen & Toubro Ltd., Larsen & Toubro Infotech Ltd., L&T General Insurance Company ASREC (India) Ltd., Shriram Transport Finance Co. Ltd., ITZ Cash Card Ltd., ONGC Petro Additions Ltd., ONGC Petrochemicals Ltd., ONCG Mangalore Petrochemicals Ltd., and Atul Ltd. He is the Chairman of Principal PNB Asset Management Company Pvt. Ltd., Governing Council Member of Banking Codes and Standards Board of India and Chairman of The Ethics Committee of The Stock Exchange, Mumbai. He is also a member of the Advisory Board on Bank, Commercial and Financial Frauds, the Group for Amalgamation of Urban Co-operative Banks and the Board of Supervision of NABARD.

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