Jay Ramesh
B Com, ACA (India), ACPA (Botswana)

Jay Ramesh

Managing partner
Jay took over as the Managing Partner in January 2000 after having worked in all divisions of the firm. He joined the firm in 1984 and became a Partner in 1985. He played a lead role in forging an international affiliation for this locally established firm. The firm was started under the name of Acumen in 1976 and became the Botswana member firm of Grant Thornton International in 1992. Jay is one of the key people responsible for Grant Thornton becoming the second largest professional services firm in Botswana.

Experience
Jay has been with the firm for 29 years. He has successfully nurtured his clients in their growth process with his knowledge of the Country and professional expertise.

Sector experience
Jay was responsible for starting the audit practice of the firm in 1988 and was the firm’s audit partner until September 2003. He then handed over this portfolio to the newly appointed audit partner and continued with his role as the client contact partner for the firm’s major clients.

Jay is the firm’s advisor on Corporate Recovery and Reorganisation assignments and also advises clients on setting up new business establishments in the country. His passion for Corporate Finance work has kept him closely associated with assignments for raising equity and loan funds from the market and financial institutions.

Professional qualifications and memberships
Jay graduated from the University of Madras, India with a Bachelor of Commerce degree in 1979 and thereafter qualified as a Chartered Accountant in 1983.

He has been actively involved within and outside of the firm since 1984 in the training of Batswana in the field of accountancy and business studies. He has constantly strived for the development of the accounting profession in the country through his roles of teaching to part-time University students and by being an active member in the development and growth of the Botswana Institute of Accountants.

Appointed leader
Representing Grant Thornton International for strengthening the presence of Grant Thornton in the Sub Saharan African Region.

Elected member of the Board of Governors of Grant Thornton International
January 2007 to December 2008 – Elected as a representative of Africa, Middle East and Europe. While on the board, also served on the Budget sub-committee.

Chairman (2005 to date)
of the Sub-Saharan African Regional Council of Grant Thornton member firms in the region – 8 countries

Member of the National governing Council
of the South African offices of Grant Thornton.

Currently serving on the board of directors
of RPC Data Limited, company listed on the Botswana Stock Exchange. Jay is also the chairman of the company’s audit committee.

Elected President
of the Botswana Institute of Accountants (BIA) for a period of 2 years – May 2002 to April 2004. Prior to that, Jay was chosen to serve as Vice-President of BIA. He also served as a member of the BIA governing council for many years prior to being chosen as Vice President.

Past board member (2001 – 2004)
on the board of directors of Botswana Accountancy College (BAC), the premier institution at the professional level. While on the board, also served on the HR sub-committee.

Served as the representative of Botswana Institute of Accountants (BIA)
on the consultative committee of Registrar of Companies for drafting the Regulations for the new Companies Act.

Served as the leader
of the consultative committee formed by BIA to assist in the drafting of Corporate Governance code for Botswana.

Served as a member
- Technical committee – BIA for few years; the committee recommends and monitors accounting and auditing standards in Botswana. Jay has also been a member and has chaired the various committees of BIA i.e. Education and training,   Taxation, Disciplinary and have also held the position of Treasurer for 1 year.

Community involvement
Has been a member and also served as a President in social charitable organisations involved in charitable activities for the welfare of the local community

Recipient of the Melvin Jones Fellow Award
from Lions Clubs International Foundation for dedicated humanitarian services.

Active involvement with
Heart Foundation of Botswana.

Nationality
Jay was originally born in Chennai, India in the year 1959. He arrived in Botswana in July 1984. He is now a naturalised citizen of Botswana.

Contact details
Plot 50370, Acumen Park, Fairgrounds
Acumen Park
P O Box 1157
Gaborone, Botswana

T: +267 3952313
E: jay.ramesh@bw.gt.com