Imran Afzal, FCA, has been elected as the president of the Institute of the Chartered Accountants of Pakistan (ICAP) for the year 2007-08. A statement here on Thursday said that the office bearers were elected at the 192nd council meeting.
It said that Imran Afzal has been elected as President who is also a fellow member of the Institute having qualified in 1985. He started professional practice in 1986. Presently he is a partner of Anjum Asim Shahid Rahman, a member firm of Grant Thornton International.
Afzal was elected as President of Lahore Tax Bar Association in 1999-2000. He was elected as member of the Council in 2001 and was re-elected for another 4-year term of 2005-2008. He served as Vice President of the Council in 2003-2004 and 2005-2006 as well and also served various standing Committees of the Council viz Examination Committee, Executive Committee and the Investigation Committee.
He has also been the Chairman for three consecutive years of Accounting and Auditing Standards Committee (North) during 2001-2004 and held position of Chairman of the Technical Advisory Committee (North) for the term 2005-06. He also served as Advisor from the ICAP on Confederation of Asian Pacific Accountants (CAPA) Forum. He also served as Chairman of Finance and Taxation Committee of the Lahore Chamber of Commerce and Industry.
Sheikh Saqib Masood has been elected as Vice President (South). He is a fellow member of the Institute. Currently he is serving as Partner of KPMG Taseer Hadi & Co Chartered Accountants, a member firm of K.P.M.G Netherlands.
He has been elected to the Council for the first time in 2005. Prior to becoming a Council Member, he has also been actively involved with Institute's Committee on Taxation and Economic Policies from 2002 to 2005.
Ever since he became a Council Member, he has been serving on the standing committees of the Council viz, Examinations Committee, Executive Committee and the Investigation Committee. He has also been serving on the Professional Standards and Technical Advisory Committee, Audit Committee, Co-ordination Committee of ICAP and CBR as well as Committee on Taxation and Economic Policies. He has also served as Chairman of Co-ordination Committee of ICAP and CBR in 2005-06.
Rafaqat Ullah Babar has been elected as a Vice President (North). He is a fellow member of the Institute. He is associated with Rafaqat Babar & Co Chartered Accountants since 1986.
He was elected to the Institute's Council for the first time in 1997 and has been re-elected for another 4-years, term in 2005. He has been serving on the Accounting Standards for Islamic Financing and Investment Committee, Technical Advisory Committee (North), Professional Standards and Technical Advisory Committee, Quality Assurance Board, as well as Co-ordination Committee of ICAP & SECP.
He has also been serving on the standing Committees of the Council viz Examination Committee, Executive Committee and the Investigation Committee. He is also serving as the Chairman of the Continuing Professional Development Committee and various other Committees.