ICAI Muscat wins Best Overseas Chapter award for 9th time

The Institute of Chartered Accountants of India (ICAI) Muscat Chapter - under the sponsorship of the College of Banking and Financial Studies (CBFS) - has bagged the prestigious ‘Best Chapter Overseas Award’ for the year 2023, for the 9th consecutive term.

The Chapter has won second prize in Category-ii among 48 overseas chapters of ICAI across the globe.

The award ceremony was conducted along with the 74th Annual event of ICAI on February 8 at Vigyan Bhawan, New Delhi.

Jim Joseph Itty, chairperson, ICAI Muscat Chapter and Gaurav Kapoor, vice chairperson along with Managing Committee members, received the award from Om Birla, the Speaker of India’s lower house Lok Sabha, in the presence of Aniket Sunil Talati, President of ICAI and Ranjeet Kumar Agarwal, Vice President of ICAI.

“The year 2023 will be written in golden letters in the history of ICAI Muscat chapter,” said chairperson Jim Joseph Itty on winning the award.

“It is a great honour to receive this prestigious recognition on behalf of the members of Muscat Chapter and we will continue our efforts to reach newer heights in future under the sponsorship of CBFS, which is a ceaseless source of support to the Chapter”.

Giving a report on the group’s activities in Muscat, Itty said they were able to complete the first batch of Omani CFO Mentoring programme in Muscat and Salalah and they were proceeding with a batch in Sohar.

“This initiative increased the visibility of ICAI as a brand and we were able to join hands with the local accounting community to develop aspiring Omani CFOS,” he informed.

The group also extended support to the Oman India Investment Forum conducted in association with Oman Chamber of Commerce and Industry and Embassy of India during this year.

ICAI expressed its interest in supporting OCCI to develop a curriculum for Omani Chartered Accountancy students, which will strengthen the co-operation between two friendly nations, Itty hoped.