Shyamal Mukherjee named as new PwC India chairman

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Shyamal Mukherjee, PwC India’s head of strategy and brands, has been announced as the new chairman of the firm in India for a four-year term, starting January 1, 2017.

Shyamal succeeds Deepak Kapoor, the current PwC India Chairman, who will step down on December 31 this year, after two terms, a PwC statement said. PwC rules provide for a maximum of two terms.

“My focus will be on seamless client delivery, being a great employer in the country and pioneering use of technology to drive innovation and efficiency,” Shyamal Mukherjee, said in the PwC statement.

Shyamal is currently a member of the India leadership team and also a part of PwC’s global strategy team. He joined PwC more than thirty years ago in 1984 and became a partner in 1993. Mukherjee has also worked in the firm’s New York and London offices.

He is credited with starting PwC’s transfer pricing practice in 2001, when he also worked closely with the government to draft TP regulations.

Mukherjee has worked closely with current chairman Kapoor. “Shyamal's strength lies in his understanding of the Indian market, the dynamic regulatory environment and the ability to think ahead about what our clients need - all of which will be invaluable as PwC India marches ahead, “ Kapoor said in the statement.

Mukherjee is on the board of Editors of the Asia-Pacific tax bulletin published by the International Bureau of Fiscal Documentation (IBFD). He is the vice chairman on the National Board of American Chambers of Commerce.