Media Release
New Delhi, Feb 12: Institute of Chartered Accountants of India (ICAI) celebrated its annual award function on February 9 at Leela Ambience Hotel, Delhi. It witnessed the presence of more than 6000 members who watched live and the physical presence of CA professionals who provide their services in various niche areas of businesses and play an important role as strong pillars in the Indian Economy.
The Muscat Chapter of the Institute of the Chartered Accountants of India (ICAI) won the Best Overseas Chapter Award in category II for 2021.
Muscat Chapter ICAI won the Best Chapter Overseas Award for the sixth time in a row, out of 64 overseas ICAI chapters and ro’s gobal network, according to a press release.
ICAI is the world’s second largest professional accounting body that has been set up by the legislation of Indian Parliament. The Muscat Chapter has been established by a specific approval of the Indian Council of Ministers under an MoU signed between the College of Banking and Financial Studies (CBFS).
CA N Ramananda Prabhu, chairman, attended the 71 annual award function of the ICAI held at Leela Ambience Hotel, New Delhi to receive the Best Overseas Chapter Award ICAI 2020, on behalf of the members of muscat chapter ICAI.
“We are delighted to have got this recognition. The Muscat Chapter ICAI was chosen for this honour on the basis of quality of professional events and its exemplary contribution to knowledge sharing initiatives for finance professionals of all nationalities in Oman and Omani national’s capacity building initiatives and contribute to His Majesty’s Vision 2040 and ICAI as the knowledge partner in nation building. We dedicate this award to our chapter members,” said CA Prabhu.
The managing committee members acknowledges the efforts of the past managing committee members for the years 2019-20 and the past chairman's and CBFS and the support, contribution and encouragement of all its members, sponsors, speakers, Omani dignatories, Omani government, ICAI top leadership and well wishers have been instrumental in achieving this award and look forward to their continuous and invaluable support to the chapter and appreciate all patronage in our future endeavors.
We are also grateful to His Majesty Sultan Haitham Bin Tariq Al Said. His leadership and vision and wise counsel have continued to be of vital importance to the Gulf region and beyond and we celebrate this achievement together with the people of Oman and CBFS our sponsors’ in Sultanate of Oman.
Praveen Kumar Shetty president of the alumni association of Government First Grade College, Byndoor congratulated CA Prabhu and expressed his happiness on hearing the good news of the award for Muscat Chapter, under the dynamic leadership of CA Prabhu. "We need leaders like you to bring together all Indian chartered accountants community and work for the betterment of the Muscat Chapter of ICAI." He wished CA Prabhu and all his executive committee for their exemplary services and commitment to accounting profession and serving alma mother institute ICAI. He also maintained that it is a great honour for the college as one of its old students achieved this new milestone. "You will be a role model for our students and today marks the commencement of a new chapter in your life, but the journey never ends. Wherever this journey takes you, you will always be a member of the Government First Grade College community and a Byndoorian. You have made all the Byndoorians and all the Kannadigas and all the Indians proud by this achievement. We will need your support to thrive and continually enhance the value of our student community to inspire and motivate and create next generation CAs under your mentorship. We appreciate all your support to the college and look forward to continued support and patronage in the days to come."
Muttaiah Poojary, former servicemen and vice-president of the alumni association of Government First Grade College, Byndoor congratulated CA Prabhu and today with the fast changing and challenging times and despite of Covid-19 pandemic, CA Prabhu’s decision leadership on a range of social goals including having democratic values, being empowered, having an ability to work with the team and negotiate, having self-knowledge and confidence, and being a good listener has culminated into achieving this award. No skill is more important than leadership development and deliver the excellence performance in these times. CA Prabhu made all of us proud and created a special position in the heart of the Government First Grade College community and the Byndoorians," said Shetty Poojary.
Dr Raghu Naika, principal of Government First Grade college said, “We are all proud of your achievement, from elevation of chairman of Muscat ICAI, now on the international award winner and wish you many more accolades in future. Your achievements are motivations to us and all our students in our college, and you will be the guiding force and set the highest bar for our students to achieve. I am sure our students will reach your height and follow your foot steps in the coming days. We will celeberate this joyous moments in the college, when CA Prabhu will be in Byndoor.”
Dr K R Chandrashekar, NAAC of Managalore University, congratulating Prabhu said, “We are all proud of your dynamic leadership and you have made Mangalore University students proud.We wish you well in all your future endeavors. Your achievements are motivations to us and all our students of the university. You will be a role model for our generation and the next students of rural Udupi district. Despite all odds being born into a farmer family, studied at government college, you have demonstrated by sheer hard work, dedication, determination and a strong burning desire that success is definite and possible and achieved this milestone.”
Dr M N Hegde, retired principal of government first grade college, Udupi said, ”We are extremely happy about CA Prabhu’s contribution to CA abroad during this testing time which is phenomenal. Your energy is amazing and have great motivation and inspiration for the global CA fraternity. Everyone has witnessed the way you led the Muscat Chapter ICAI and you are always remembered for this exemplary selfless service to the CA profession. I still remember those days of 1990, where I taught you accountancy at Government College Byndoor, being head of the commerce department.”
CA N Ramananda Prabhu, son of late N Pundalika Prabhu, hails from Prabhu Keri, Naikanakatte. He studied at Government Higher Primary School Naikanakatte and Government College, Khambadakone. He did pre-university at Government Pre-University College, Uppunda and BCom at Government First Grade College Byndoor in 1990.
CA Prabhu, has been actively involved in social service and has extended support to the educational institutions where he had studied, namely Government Higher Primary School, Naikanakatte, Government High School, Khambadakone, Uppunda Junior college, Government First Grade College and actively supported social development intiatives around Byndoor.