Dr. PVS Jagan Mohan Rao elected as VP of SAFA, a forum of professional accountancy bodies
Hyderabad, December 22, 2017. Hyderabad Cost and Management Accountant (CMA) Dr. PVS Jagan Mohanb Rao elected for the Vice President of South Asian Federation of Accountants(SAFA), disclosed CMA Sanjay Gupta, President of the Institute of Cost Accountants of India, a national body under an act of Parliament in a press note issued in Hyderabad today
CMA Dr. PVSJagan Mohan Rao, Council Member unanimously elected in the just heldCouncil Meeting of the Institute held at New Delhi
He will takeover the responsibilities with effect from 1st January,2018.
SAFA is aninternational body of Cost & Management Accountants and CharteredAccountants in the SAARC Region. SAFA as a forum of professional accountancybodies is committed to positioning, maintaining and developing the accountancyprofession in South Asian Association for Regional Co-operation (SAARC) Regionand ensuring its continued eminence in the world of accountancy; in the publicinterest and towards broad economic development of the region.
The memberbodies of SAFA represent the Ten Professional accountancy bodies in Bangladesh,India, Nepal, Pakistan, Sri Lanka and Maldives. These include The Institute ofChartered Accountants of Bangladeshl The Institute of Cost and ManagementAccountants of Bangladesh; The Institute of Chartered Accountants of India; TheInstitute of Cost Accountants of India; The Institute of Chartered Accountantsof Nepal; Institute of Chartered Accountants of Pakistan; The Institute of Costand Management Accountants of Pakistan; The Institute of Chartered Accountantsof Sri Lanka; The Institute of Certified Management Accountants of Sri Lankaand The Certified Practicing Accountants of Maldives
SAFArepresents over 300000 accountants having membership of the national charteredaccountancy and cost and management accountancy institutions in the South Asiancountries namely Bangladesh, India, Maldives, Nepal, Pakistan and Sri Lanka.
‘SAFA’smission is developing the accountancy profession in South Asian Association forRegional Co-operation (SAARC) Region and ensuring its continued eminence in theworld of accountancy; in the public interest and towards broad economicdevelopment of the region.’, informed CMA Dr PVS Jagan Mohan Rao.
CMA Dr PVSJagan Mohan Rao is already holding position of Chairman of ProfessionalAccountants in Business(PAIB) Committee of SAFA and a Member of PAIB Committee of InternationalFederation of Accountants (IFAC) from India.
CMA Dr PVSJagan Mohan Rao was Chairman of Hyderabad Chapter for the period 1994-95 andformer Chairman of SIRC for the period 1999-2000. He is present Central CouncilMember from Telangana State.
CMA DrChandra Sekhar Rajanala, Chairman-Hyderabad Chapter, CMA P. Chandra SekharaReddy and other Managing Committee Members of Hyderabad Chapter & SIRCcongratulated CMA Dr PVS Jagan Mohan Rao.