Padma Shri awardee and former president of the Institute of Chartered Accountants of India (ICAI), T N Manoharan passed away on Wednesday, July 30, 2025. He suffered a massive heart attack in Mumbai. His sudden demise has left the financial and professional world in a state of shock.
T N Manoharan’s Professional Journey
He was a practising Chartered Accountant for over 30 years. He was appointed by the government to the Board of Satyam Computer Services to protect the interests of depositors and to wind up the business.
He was the ICAI President from 2006 to 2007 and also chaired the Accounting Research Foundation of ICAI. He was also the Chairman of the National Committee on Accounting Standards of the Confederation of Indian Industry (CII).
He was a member of several regulatory and policy bodies, served on the IRDAI Board between 2006-07 and was a member of committees of RBI, SEBI, Ministry of Corporate Affairs, CAG and CBDT.
From 2015 to 2020 he was the Non-Executive Chairman of Canara Bank. He was awarded Business Leadership Award and Indian of the Year in 2009 for his role in the Satyam revival team. Manoharan was also awarded Padma Shri, one of the highest civilian awards in India.
He was an expert in many areas including Accountancy, Economics, Banking, Risk, Agriculture and Rural Economy, Small-Scale Industry, Finance, Law, Human Resources, Business Management, Administration and Corporate Governance.
He had a Bachelor of Commerce degree from University of Madras, Master’s in Commerce from Sri Venkateshwara University in Andhra Pradesh and a law degree from Madras Law College.
Tributes to T N Manoharan
Dinesh Wagerah, ICAI member wrote on X, “Big loss to CA fraternity. Sad to hear the news of sudden and untimely passing of our beloved past ICAI President, Padma Shri CA. T.N. Manoharan today in Mumbai after a massive heart attack. CA. Manoharan was not only a giant in our profession but a true statesman of our country.”
He added, “His wisdom, humility and integrity inspired many generations of Chartered Accountants. He was a great ambassador of the profession and earned respect and admiration across the globe. His passing is an irreparable loss not just to the profession but to the nation as a whole. May his soul rest in peace.”