Mukund M. Chitale

Mr. Mukund Chitale has over 35 years of experience as a practising chartered accountant. He was the President of the Institute of Chartered Accountants of India (ICAI) in 1997-1998. He has been a Member of The International Auditing Practices Committee of 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 Central Government.


Mr. Chitale also serves on the Board of Larsen & Toubro Ltd., ASREC (India) Limited, Ram Ratna Wires Ltd., Shriram Transport Finance Co. Ltd., ITZ Cash Card Ltd., ONGC Petro Additions Ltd. and ONGC Petrochemicals 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 the member of Advisory Board on Bank, Commercial and Financial Frauds. Member of the Group for Amalgamation of Urban Co-operative Banks and Member of Board of Supervision of NABARD