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Untitled Document

CHAIRMAN’S COMMUNICATION

As I communicate with all of you after taking charge as Chairman of Vasai Branch of WIRC of ICAI, I extend my warmest gratitude to all of you for providing me with this opportunity to serve the members and, in turn, serve the profession. I am thankful to the members of the Managing Committee of the Vasai Branch for reposing their faith in me.
It is with great honour and humility that I accept this profound responsibility of assuming the role of the 18th Chairperson of the Vasai Branch of WIRC of ICAI. After a decade, a woman leader is getting the opportunity to serve the branch as Chairperson. As I step into this esteemed position, I am keenly aware of the weight of expectations and the magnitude of the challenges that lie ahead. Yet, I am filled with an unwavering sense of determination and excitement to embark on this journey together with each and every one of you.
This position is not merely a title; it is about shouldering the responsibility to lead, inspire, and, most importantly, serve our chapter toward greater heights. Together, we possess the ingenuity and resilience to overcome any obstacle and turn our vision into reality.
As we embark on this new chapter, let us embrace change as an opportunity for growth, a stepping stone to success, and let us embrace unity as the cornerstone of our strength.
The Vasai Branch of WIRC of ICAI has completed 19 glorious years, and during these 19 years, it has achieved a position of prominence. We boast of outstanding events, both in terms of the quality of execution and the speakers’ sets.
We have a vibrant membership base with us. As the saying goes: "Embrace change as the pathway to higher success; for in its winds lie the seeds of innovation, growth, and the relentless pursuit of excellence." So here I am unveiling our vision for the chapter.
This year, we will focus on learning from various successful leaders and entrepreneurs, and we will focus our learnings on technology such as AI, digitization, blockchain, data analytics, cryptocurrency, cyber-crime, etc. We are all witnessing the 4th industrial revolution based on technology, which has stretched the boundaries of intelligence and capability beyond our imagination. With the advent of these new-age technologies, the limits of what human beings can do will be expanded exponentially in the decade to come. In organizing these events, quality will prevail over quantity. It is time to change our mindset and think big. And there is no better place than the Vasai Branch (WIRC) for us to do so – known for its visionary leadership, accelerated growth, and deep adoption of technology, having one of the highest penetration rates of the internet and smartphones in the world, as well as world-firsts and the world’s biggest in its arsenal.
"Balance is the essence of life." No amount of success in business or profession can compensate for failure at home. Social and sports activities are an essential part of any inclusive and successful organization, and we will find ways to make them more engaging and meaningful throughout the year.
I believe in collective leadership and teamwork. It is said, “If you want to go fast, go alone, but if you want to go far, go together.” An individual has limited power, but a team has unlimited power. I assure you, your new ExCom will work as a cohesive team to take our Vasai Branch from great to greater. Getting due recognition for the CA degree and ICAI will be at the top of the agenda above all else.
Looking forward to your support through active participation and connecting new members to the branch.
Coming back to our theme of the year, GURUKUL. Many times we blame our luck, but luck is a common denominator in success and failure. What is different is our effort, which is in our hands.
The difference between success and failure is our efforts. The fastest way to success is to fail fast. Success keeps getting up again and again, but failure doesn’t.
Keep your efforts continuing. When Ratan Tata joined and started on the shop floor of Tata Steel, and when Narendra Modi became the Prime Minister of the biggest democracy in the world, they faced many challenges. A Chartered Accountant is the most deserving profession to become a business leader and an entrepreneur. The need of the hour is to change our horizon and start thinking big beyond Accounts, Finance, and Auditing, as business leaders.
This spirit of perseverance has been captured nicely and serves as a powerful mantra for success in both love and entrepreneurship.

CA Daya Amit Bansal
Chairperson
Vasai Branch (WIRC)