Anjali Deshpande

Independent Director Candidate · Pune

AnjaliDeshpande

A chartered accountant who made a listed specialty-chemicals company's first sustainability report ready for assurance, and now brings that discipline to CSR and Audit Committees.

Leadership photograph · Pune

If a board would never sign off revenue without a control behind it, it should not publish a water figure or a safety number without one either.

Anjali Deshpande

The story

I have spent eighteen years making numbers hold up under scrutiny: first in the audit file, then in a listed company's accounts, and most recently in its sustainability report.

I qualified as a chartered accountant in 2008 and began in statutory and tax audit with a chartered accountancy firm in Pune, working through mid-sized manufacturing and trading companies across western Maharashtra. Three years later I moved into industry, to financial reporting at a listed auto-components manufacturer, and in 2016 to corporate finance at a listed specialty-chemicals company in Mumbai, where I owned the quarterly close and the internal financial controls programme.

In 2021 the same company asked me to lead Sustainability & ESG Reporting across its four manufacturing sites in Maharashtra and Gujarat. The brief was its first Business Responsibility and Sustainability Report. I treated it as a reporting system: one set of definitions for every plant, controls around the data, and an evidence trail an external assurer could test. Along the way I reported to the CSR Committee, the Audit Committee and the Risk Management Committee.

I am now seeking my first independent directorship, with a listed or large unlisted company in chemicals, pharmaceuticals, manufacturing, consumer goods or infrastructure, where the board wants its sustainability disclosures held to the standard of its financial statements.

Three defining moments

What taught me how a board reads.

Pune · 2011–2016

The pack that lands the night before

At an auto-components manufacturer I built the monthly reporting pack the CFO and the Audit Committee worked from, and helped move the accounts from Indian GAAP to Ind AS. I learned what a committee member can absorb in one evening, and what slips past.

Mumbai · 2016–2021

Controls that close the loop

I ran the Ind AS quarterly close and the internal financial controls testing programme for a listed chemicals company, and tracked every exception to closure. I was the statutory auditors' working contact on significant estimates and related party disclosures.

Four sites · 2021–2026

Four plants, one definition of water

For the company's first BRSR, I found four sites measuring water drawn, hazardous waste and safety incidents four different ways. We agreed one set of definitions, wrote the controls around them, and prepared the core indicators for external assurance before the report reached the board.

Contribution

What I bring to a board

  • I will ask how a sustainability number was made before I ask what it is.

    Evidence

    Wrote the reporting manual and plant-level controls for energy, water, effluent, hazardous waste and safety data across four sites, prepared the BRSR core indicators for external assurance, and managed the assurance provider.

  • I read an audit committee pack the way the auditors will.

    Evidence

    Eighteen years as a chartered accountant across statutory audit, Ind AS closes and internal financial controls testing, including five years as the auditors' working contact on estimates and related party disclosures.

  • I connect CSR, risk and audit so the board sees one picture.

    Evidence

    Reported to all three committees. Built the ESG risk register for process safety, effluent, water stress and regulatory change inside the enterprise risk framework, and designed the CSR monitoring framework the committee approved.

For nomination committees

Board readiness

Committee fit

Primary
CSR CommitteeCompanies Act 2013, s.135

Designed the CSR monitoring framework: outcome indicators for each project, checks on implementing agencies, and the annual action plan format the committee approved.

Primary
Audit CommitteeCompanies Act 2013, s.177 · SEBI LODR Reg 18

Eighteen years in audit, Ind AS reporting and internal financial controls, five of them running the close and controls testing for a listed company.

Supporting
Risk Management CommitteeSEBI LODR Reg 21

Built the ESG risk register for process safety, effluent, water stress and regulatory change, mapped into the enterprise risk framework the committee reviewed.

IICA Databank
Registered in the IICA Independent Directors Databank
Proficiency test
Passed the online proficiency self-assessment test
DIN
DIN: to be obtained on appointment
Independence
Meets the criteria in Companies Act 2013 s.149(6). No pecuniary relationship with prospective companies; declaration to be made on appointment.
Availability
Open to up to two board positions
Sectors of interest
Specialty and agro chemicals, pharmaceuticals, industrial manufacturing, consumer goods, infrastructure.

Education

  • Chartered AccountantICAI, 2008
  • B.ComUniversity of Pune, 2005
  • Greenhouse gas accountingScope 1 and 2 inventories, 2022
  • English, Marathi, HindiLanguages

I keep current on sustainability assurance practice, SEBI's disclosure requirements for listed companies and changes to CSR rules under the Companies Act.

Contact

For nomination committees, chairs and search firms.

I am glad to share a board CV, references and a note on independence ahead of a first conversation.

Email
anjali@deshpande-board.in
Based in
Pune, Maharashtra · travels for board meetings
I reply within two working days.