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Early Life and Education
editShailesh Haribhakti was born on March 12, 1956. He pursued his graduation from the University of Mumbai and later qualified as a Chartered Accountant. An advocate of lifelong learning, Haribhakti holds multiple certifications, including Certified Internal Auditor, Certified Financial Planner, and Certified Fraud Examiner. He has also completed the Certified Sustainability Assurance Practitioner (CSAP) course, underscoring his commitment to sustainability and ethical governance. Haribhakti has been awarded an honorary PhD by ITM University and the Global Competent Boards Designation by Competent Boards Inc.[1], Canada, for his distinguished contributions to corporate governance and board practices globally. [2]
Career
editProfessional Roles
editSailesh Haribhakti is a leading figure in India’s financial and corporate governance sectors. He is the founder and Chairman of Shailesh Haribhakti & Associates one of India’s most respected chartered accountancy firms. Currently, he serves as the Chairman of several major companies, including Bluestar Limited[3], Protean eGov Technologies Ltd[4], and IBS Fintech India Pvt Ltd [5].
His current and past roles include:
- Chairman of Haribhakti SME Transformation & Support Solutions Pvt Ltd
- Non-Executive Chairman of L&T Finance Holdings Ltd
- Chairman of MentorCap Management Pvt Ltd
- CEO of Haribhakti Group, Inc.
- Chairman of NSDL e-Governance Infrastructure Ltd
- Independent Director of Adani Total Gas Ltd. Torrent Pharmaceuticals Ltd, and TVS Motor Company Ltd
- Board Member of Bajaj Electricals Ltd, ACC Ltd, Ambuja Cements Ltd, and GMR Infrastructure Ltd.
Contributions to Corporate Governance and Sustainability
editShailesh Haribhakti is a pioneer in the fields of corporate governance, sustainability, and CSR. He has championed the integration of Environmental, Social, and Governance (ESG) principles into core business strategies. He is known for his "Innovate to Zero" philosophy, which focuses on achieving zero environmental impact through sustainable business practices and comprehensive ESG frameworks. Haribhakti has served on several boards and committees dedicated to sustainability.
He is a member of the Global Reporting Initiative (GRI) [6], helping shape policies for responsible business conduct globally. Haribhakti has consistently emphasized the significance of sustainable development and long-term value creation for shareholders and society.
Global Representation and Impact
editShailesh Haribhakti has represented India internationally on several fronts. He was a member of the Standards Advisory Council (SAC) of the International Accounting Standards Board (IASB) in London for two years, contributing to the development of international accounting standards. He also collaborated with the Polish Business Advisory Services (PBAS), an affiliate of the International Finance Corporation (IFC), to introduce Activity-Based Costing and Strategic Planning Processes in Polish SMEs.
Public Speaking, Teaching, and Thought Leadership
editA prolific writer, speaker, and educator, Shailesh Haribhakti is committed to sharing knowledge on governance, finance, and sustainability. He has served as a visiting faculty member at the Indian Institute of Management, Ahmedabad (IIMA), and regularly delivers lectures on corporate governance and sustainable business models at leading academic and professional institutions.
He is also a faculty member at Competent Boards, where he shares his expertise in board governance, sustainability, and leadership with senior executives and board members globally.
Awards and Recognition
editThroughout his career, Haribhakti has been recognized for his contributions to business, governance, and sustainability. These awards include:
- The Vivekananda Sustainability Award in 2022
- The honorary title of “Doctor of Letters" conferred by ITM University[7]
- Recognition as a Leader in Corporate Governance and Finance by leading organizations in India and internationally.
He has served on the jury panels of several prestigious awards, including the CEO Awards of CNBC TV-18 and Corporate Leadership Awards[8] of The Print. [9]
Memberships and Associations
editShailesh Haribhakti is affiliated with several national and international professional bodies. He is a Fellow of the Institute of Chartered Accountants of India (ICAI) and a member of the International Federation of Accountants (IFAC).