Kolkata, 18th September, 2023: Sumit Binani takes over the baton as the President of ACAE from CA P. D. Rungta for the term 2023-24. ACAE is one of the oldest and illustrious Association founded in the year 1960 and comprises about 1600 members who are professionals, businessmen and industrialists. ACAE has a history of establishing the first annual corporate awards in association with The Economic Times in the State of West Bengal. The ET Bengal Corporate Awards has recognized the achievements of Corporate Bengal for the past 6 years. Sumit Binani proposes to adopt the theme titled “Igniting UTKARSH” during his tenure which embodies the idea of progress, excellence and positive growth. The new President shall be supported by: CA Tarun Gupta & CA Niraj Harodia, Vice Presidents; Adv Ramesh Patodia, General Secretary; Five Times Kettlebell World Champion Ms. Shivani Shah Agarwalla, Joint Secretary and CA Mohit Bhuteria, Treasurer besides a vibrant executive committee in the affairs of the Association.
Speaking to the media, Mr. Sumit Binani, President of Association of Corporate Advisers & Executives said, “While carrying forward the spark of Utkarsh, my primary goal shall be to actively engage for increased visibility and branding of our Association while upholding the values that define us. Togetherness and Interdependence would be the key words in my journey and as President, my goal shall be to work alongside all the members, to strengthen and elevate our association and embrace a culture of continuous development, excellence, innovation and positive growth.”
About Sumit Binani:Sumit Binani specializes in consulting in corporate laws, insolvency & restructuring. He has successfully spearheaded various large revival and liquidation process under the Insolvency regime in India. He has done his MBA with specialization in finance from IIM, Calcutta. He is also a Fellow Member of the ICAI & ICSI besides being an Associate Member of the Institute of Cost Accountants of India. A Rank Holder Chartered Accountant, he has earlier worked in the Capital Markets Industry for 15 years. In his past associations, he has worked with Dalmia Securities Limited, HDFC Securities Limited, ICICI Bank Limited in Management positions. He was the Hony. Chairman of the Institute of Chartered Accountants of India (Eastern Region) in the year 2019. He is fond of music and his favorite is his school song titled, “Courage is Destiny.”