Mr. Nihar N Jambusaria is an eminent Chartered Accountant and is the Past President of The Institute of Chartered Accountants of India (ICAI) in the year 2021-22. A Fellow Chartered Accountant from Mumbai, he qualified as a Chartered Accountant in 1984 He has been a practicing CA having with an experience of 38 years including 10 year service experience in Reliance industries Ltd. as Senior Vice President.
As a President of The ICAI, he represented ICAI on the IIRC’s Council and the Board of South Asian Federation of Accountants (SAFA). He is a member of the Professional Accountants in Business (PAIB) Advisory Group of International Federation of Accountants (IFAC).
He has also served as Chairman of all Standing Committees including Executive, Finance and Examination Committees, besides being the ex-officio member of all Non-Standing Committees and Editor of ICAI Journal, The Chartered Accountant.
CA Nihar Jambusaria was Director of ICAI Registered Valuers Organisation (RVO) and also the representative from ICAI RVO on the “Committee to advise on Valuation matters”. He is also Chairman of the ICAI Research wing, ICAI – Accounting Research Foundation and Extensible Business Reporting Language (XBRL) India.
CA Nihar Jambusaria was a member of committees constituted by the government and regulators relating to policy formation that includes Government Accounting Standards Advisory Board (GASAB) and Audit Advisory Board- both constituted by the C&AG of India. He is also Board Member, Insurance Regulatory & Development Authority (IRDA), Insurance Advisory Committee and Apex Committee of IRDA, and Member of SEBI’s Primary Market Advisory Committee.
He has served as the Chairman of Ind AS Implementation Committee, International Tax Committee and various other important Committees/ Board of ICAI. He has also served as Member of SAFA Committee on Professional Accountants in Business (PAIB). He has also served as Chairman of WIRC of ICAI in 2004-05.
