Mr. Uday Chitale is a Chartered Accountant with professional standing of over 45 years. He is senior partner the Mumbai headquartered firm M/s M. P. Chitale & Co. Mr. Chitale has extensive experience spanning varied businesses as auditor and management advisor and has assisted clients in business organization, governance & strategy, commercial dispute resolution & negotiations, foreign collaborations & joint ventures, M & A transactions and valuations.
Mr. Chitale is a non-executive Independent Director at some prominent corporates that include ICICI Bank, ICICI Lombard General Insurance Company, India Infradebt and Axis Mutual Fund Trustee Limited.
His past directorships include Finolex Industries, NCDEX, JSW Steel, GMR Infrastructure, JSW Energy, ICICI Securities, ICICI Securities Primary Dealership, United Western Bank and Jana Small Finance Bank.
Mr. Chitale served as a Director and Vice-President Asia Pacific of DFK International, a global network of accounting firms and business advisors.
He is a member of investment advisory committee of an AIF - Innovation in Food and Agriculture Fund. He is a member of the Board of Governors of National Institute of Securities Markets (NISM).
Mr. Chitale is also active as Mediator in the field of Alternative Dispute Resolution (ADR) – arbitration and conciliation of commercial disputes. He is the founder of Indian Council for Dispute Resolution and has done pioneering work in promoting mediation and conciliation and creating awareness of ADR amongst industrial and business community. An Accredited Mediator of CEDR-UK, Mr. Chitale is on the panel of ADR practitioners of leading arbitral institutions.
Mr. Chitale has served on expert committees set up by Institute of Chartered Accountants of India (ICAI), Securities and Exchange Board of India (SEBI), Reserve Bank of India (RBI), Insurance Regulatory and Development Authority (IRDA), Indian Banks’ Association (IBA) and several industry associations and chambers of commerce. He has also been associated with public bodies and socially relevant institutions in honorary capacity.