Kolkata, 6th February 2024: The Indian Chamber of Commerce (ICC) has appointed Mr. Sharad Bhandari, a distinguished finance professional, as its Chief Representative for the United Arab Emirates (UAE), marking ICC’s strategic move to enhance economic ties.
The ICC’s expansion in the UAE aims to foster stronger economic collaboration between India and the UAE. With Mr. Bhandari’s leadership, ICC anticipates achieving innovative growth and shared prosperity. The Comprehensive Economic Partnership Agreement and robust economic ties set the stage for significant bilateral trade growth in the coming years.
With an impressive career spanning over 40 years, including 28 years with a Big Four firm, Mr. Bhandari brings extensive expertise in advising businesses in the UAE, the Middle East, and the UK. As the Managing Partner of ARDENT Advisory & Accounting, he has advised leading corporations. Additionally, as Vice Chairman of Abu Dhabi’s Indian Business & Professional Group, Mr. Bhandari has played a crucial role in developing the India-UAE economic corridor.
In his new role, Mr. Bhandari is expected to engage with corporations, government agencies, and industry organizations to boost trade and investment between India and the UAE. With the Comprehensive Economic Partnership Agreement and strong economic ties, bilateral trade is anticipated to witness significant growth in the next two years.
Ameya Prabhu, President of ICC, expressed delight in the appointment, stating, “We are thrilled to have Mr. Sharad Bhandari as ICC’s ChiefRepresentative for the UAE. His extensive experience and pivotal role in building economic ties between India and the UAE make him an invaluable leader. Under his leadership, we look forward to catalysing robust partnerships and bilateral investment, propelling India-UAE trade beyond the US$100 billion milestone in the coming years.”
Mr. Sharad Bhandari shared his enthusiasm, saying, “I am honored to represent the Indian Chamber of Commerce as its chief representative in the UAE. Leveraging my experience, I am committed to enhancing trade and investment opportunities and strengthening bonds between corporations, government agencies, and industry organizations. I look forward to contributing to the success of both great nations in the flourishing India-UAE economic partnership.”