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Mint
30-07-2025
- Business
- Mint
Who was T N Manoharan? Ex-ICAI President and Padma Shri Awardee known for Satyam revival, passes away
Padma Shree awardee and former president of the Institute of Chartered Accountants of India (ICAI) passed away on Wednesday, July 30, 2025 in Mumbai. Manoharan was a practising Chartered Accountant for over thirty years. The government appointed him to the Board of Satyam Computer Services to protect the interests of depositors and wind up the business. Manoharan was the ICAI President from 2006 to 2007 and held positions as Chairman of its Accounting Research Foundation and the National Committee on Accounting Standards of the Confederation of Indian Industry (CII). He served as a member on the Board of the Insurance Regulatory and Development Authority (IRDAI) from 2006-07 and on the Committees of Reserve Bank of India, Securities and Exchange Board of India, Ministry of Corporate Affairs, Comptroller and Auditor General of India and Central Board of Direct Taxes. Manoharan also served as the Non-Executive Chairman of Canara Bank for five years, from 2015 to 2020. He received the Business Leadership Award and was named Indian of the Year in 2009 as part of the Satyam revival team. Additionally, he was honoured with India's prestigious civilian award, the Padma Shri. He specialised in Accountancy, Economics, Banking, Risk, Agriculture and Rural Economy, Small-Scale Industry, Finance, Law, Human Resources, Business Management, Administration, and Corporate Governance. Manoharan pursued a Bachelor of Commerce degree from the University of Madras, a Master's in Commerce from Sri Venkateshwara University in Andhra Pradesh, and a law degree from the Madras Law College. Sharing details on Manoharan's demise, Dinesh Wagerah, a member of ICAI, wrote on X, 'Big loss to CA fraternity. It's saddening to know the news of the sudden and untimely passing of our beloved past president of ICAI, Padma Shri CA. T.N. Manoharan, earlier today in Mumbai, following a massive heart attack. CA. Manoharan was not only a towering figure in our profession but also a true statesman of our nation.' He added, 'His wisdom, humility, and unwavering integrity inspired generations of Chartered Accountants. He was a remarkable ambassador of the profession, earning respect and admiration across the globe. His passing is an irreparable loss—not just to the professional fraternity, but to the nation at large. May his noble soul rest in eternal peace.'
Time of India
30-07-2025
- Business
- Time of India
Chartered Accountant stalwart passes away: TN Manoharan dies; ex-ICAI president leaves rich legacy
File photo: TN Manohar T N Manoharan, renowned chartered accountant, former chairman of IDBI Bank and one of India's most respected financial minds, passed away on Wednesday. He was widely acknowledged for his leadership in major institutional recoveries, including the turnaround of Satyam Computers following one of India's biggest corporate frauds. A former president of the Institute of Chartered Accountants of India (ICAI), Manoharan, was appointed as special director on the board of Satyam Computer Services Ltd by the Government of India. His contributions during the crisis earned him the 'Business Leadership Award' and the title of 'Indian of the Year 2009'. In recognition of his distinguished service, he was also conferred the Padma Shri, one of the country's highest civilian honours. According to ET, he also served as a government-nominated director at Sahara India Finance Corporation during its winding-up process, protecting the interests of depositors. From 2015 to 2020, he held the post of non-executive chairman of Canara Bank . Manoharan was widely respected for his deep understanding of accountancy, banking, finance, corporate governance, law, and rural economy. He was known for his contributions to sectors ranging from agriculture and small-scale industries to risk management and human resources. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Most Beautiful Women In The World Undo His academic credentials were equally impressive. He held a Bachelor of Commerce degree from the University of Madras, a Master's in Commerce from Sri Venkateshwara University in Andhra Pradesh, and a law degree from the Madras Law College. He was also a distinguished Fellow Chartered Accountant. T N Manoharan's legacy leaves a lasting imprint on India's financial and corporate governance landscape. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
