In a world marked by volatility, complexity, and a mounting trust deficit, the need for bold, ethical, and future-fit leadership has never been greater. The accountancy profession - despite its ubiquity and critical role at the heart of business, public services, and financial systems - remains under-leveraged, often misunderstood and facing disruption to its business model, identity, and appeal. While the business world turns to innovation, purpose, and performance, the profession must now reclaim its identity as a catalyst for trust, sustainability, and navigation of complexity to deliver long-term value creation.

That is the opportunity we must seize. It is precisely what we confronted at the recent meeting of IFAC’s Professional Accountants in Business (PAIB) Advisory Group, hosted by the Japanese Institute of Certified Public Accountants (JICPA) in Tokyo. With members and guests participating from across the globe, the meeting served as a platform for strategic dialogue on how accountants can help shape the future of business and unlock their full impact. During this engaging two-day meeting we explored and challenged one another on some of the most pressing and fast-evolving priorities facing both business and the profession.

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Sanjay Rughani

Chair

Sanjay Rughani serves as the Chair of the IFAC Professional Accountants in Business Advisory Group, having been nominated in June 2015 by the Association of Chartered Certified Accountants (ACCA).

Mr. Rughani is the CEO for Standard Chartered Bank (SCB) in Uganda, and prior to this was the CEO for SCB in Tanzania.  He joined Standard Chartered Bank in 1999 and has held various key positions with the bank which include Interim Head - Global Finance Shared Services (FSSC), Head of Finance Operations & Change Management – Africa, Executive Director Finance for Ghana and Area CFO (Ghana, Gambia, Sierra Leone and Cote d'Ivoire), Executive Director Finance for SCB Tanzania and Regional Finance Manager for Africa based out of London, UK.

Mr. Rughani's professional credentials and qualifications include being a Chartered Accountant through NBAA Tanzania, an ACCA member, MBA in Finance, a Fellow of Institute of Information Management Africa (Nigeria), Management post-graduation in HRD and a Bachelor of Commerce. He is also a qualified trainer and sponsor of the HIV and AIDS program for Standard Chartered Bank. He is passionate about and supports initiatives which increase capacity for the finance profession and human capacity, particularly in Africa.

In addition to his role on the IFAC PAIB Advisory Group, Mr. Rughani's various governance representations include: Chairman of CEO Round Table Tanzania, Vice Chairperson for Tanzania Bankers Association (TBA), Non-Executive Director of Tanzania Private Sector Foundation (TPSF), Executive Member of Tanzania National Business Council (TNBC), Trustees of UDOM Endowment Fund and Non-Executive Director Association of Tanzanian Employers (ATE). His past engagements include: founding member of FSSC forum in Kenya, Non-executive Director Standard Chartered Bank Uganda, past Chairman of Ghana Business Coalition against HIV & AIDS (GBCA) and past President of Lincoln Community School (American International School in Ghana).

A Tanzanian national, Mr. Rughani is married and has two children. 

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