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LONDON, 1 March 2023 – PwC appoints Jaya Vaidhyanathan as an external director to its global board, the body responsible for the governance of PricewaterhouseCoopers International (PwCIL) and the PwC network, oversight of PwC’s network leadership team, and approval of the standards by which each PwC firm must abide.
From 23 January 2023, Jaya has worked with the existing board members who are made up of partners and principals from 13 PwC firms from across the world.
Jaya is one of two external directors on the Global Board, and one of two independent directors on the PwC India Board. Jaya brings extensive experience working with leading financial services firms and technology companies. She is the CEO of BCT Digital, a global technology company specialising in innovation in predictive analytics, AI and the internet-of-things (IOT). She is a former Partner at Accenture, Executive Vice President of Standard Chartered Bank, Director at HCL, and has served as an Independent Director of Altran Group and Mahindra Group. She currently serves as an Independent Board Director of UTI Asset Management. Jaya holds an MBA from Cornell University and a Bachelor’s in Engineering from Madras University.
Jaya Vaidhyanathan, External Director, PwCIL, said:
“I am honoured to be a part of this board at PwCIL at such an exciting time for the profession. The world has never been more connected, and the challenges facing clients, people, and societal stakeholders, more complex and varied. PwC, and its global community of solvers, play an integral role in building trust in financial markets, and I am thrilled to be joining an organisation with such an important mission.”
Lisa Sawicki, PwCIL Governance Board Chair, said:
“I’m delighted to welcome Jaya to the Global Board. Jaya’s entrepreneurial approach and her focus on tech and innovation will be a great asset to our board and to shaping our wider culture now and into the future.”
Bob Moritz, Global Chairman, PwC, said:
“External board members are important to bringing fresh and unique outside-perspectives while increasing our objectivity. Jaya brings extensive experience working in the financial services and technology sectors globally and will fill an important role in challenging our thinking and helping us set the strategic vision for the network at such a critical juncture for the industry.”
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Notes:
Global Board: The board of PwCIL comprises 20 members who are responsible for the governance of PwCIL and the PwC network, oversight of the Network Leadership Team, and approval of network standards. With the exception of two external directors, the other 18 elected members are full-time partners of PwC member firms from around the world who don’t belong to the senior leadership teams of those firms. Of the current 18 board members, nine are female. The PwCIL Board is currently chaired by Lisa Sawicki, a partner at PwC US. The Board has four standing committees: the Governance Committee, Markets Committee, Operations Committee, and the Risk Committee.
About PwC: At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 152 countries with nearly 328,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. © 2023 PwC. All rights reserved.
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