Chandigarh, December 19, 2004


Memani takes over as PHDCCI chief

Mr. K. N. Memani, former Chairman and Country Managing Partner, Ernst and Young, and renowned chartered accountant, has taken over as president of the PHD Chamber of Commerce and Industry (PHDCCI) for 2004-05.

Ms. Sushma Berlia, President, Apeejay Stya Group, has been elected vice-president at the first meeting of the re-constituted managing committee of the chamber.

Mr. Memani specialises in business and corporate advisory and foreign taxation financial consultancy.

For two consecutive years, Mr. Memani was on the External Audit Committee (EAC) of the International Monetary Fund and was appointed Chairman of EAC for 1999-2000. He is the only Indian appointed in this committee by the IMF.

Ms. Sushma Berlia, an economics graduate from Delhi, is one of the leading woman entrepreneurs in the country.

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