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YOU ARE HERE:  Skip Navigation LinksGovernance Committees - Sec 21 Finance and Admin Committee

Finance and Admin Committee
(Approved by Council dated 22nd September, 2018)
(Updated on 09th October 2018)

Mr. Sunil Sharma (Chairperson)
Mr. Richard Holloway (Member)
Mr. Subhendu Kumar Bal (Member)
Mr. Parmod K Arora (Member)

IAI Secretarial support:  Mr. Gururaj Nayak, Head - Operations


1) Develop financial budget for current year and estimated budgets for the succeeding three years.
2) Liaise with Committees, Advisory Groups and other such groups as far as it relates to finances of the Institute.
3) All matters relating to the conduct of examinations including selection of examiners /markers, honorarium, logistics,
    declaration of results, addressing student grievances, probing examination malpractices etc.
4) Management of financial condition including Tax matters of the Institute.
5) Development and implementation of financial controls and accounting policies of the Institute.
6) Develop an investment policy and take decisions on investments in line with the policy.
7) Oversee the administration of the institute with regard to member service delivery and HR practices.
8) Implement the student support scheme or other similar schemes meant for welfare of the members of the Institute
9) Other functions that may be assigned to this Committee from time to time by the Council.


The Committee shall report to the Council.
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