Mr. Memani is a Chartered Accountant by profession. He is former Chairman and Country Managing Partner of Ernst & Young, India. At Ernst & Young he specialized in Business and Corporate Advisory, Foreign Taxation, Financial Consultancy etc. and consulted on the corporate matters by several domestic and foreign companies. He has helped several multi-national companies in setting up businesses in India.
He has served as the Chairman of the Quality Review Board, an oversight Board to review the quality of auditors. He was a Co-Chairman of the Expert Committee constituted by the Ministry of the Company Law for the drafting of new Companies Act. For two consecutive years he was on the External Audit Committee (EAC) of the International Monetary Fund and was appointed the Chairman of EAC for the year (1999-2000). He is the only Indian appointed in this committee by IMF.
Mr. Memani is currently on the boards of listed Companies such as DLF Ltd., ICICI Venture Funds Management Company, HT Media Ltd., Aegon Religare Insurance Company Ltd. etc.
He has served as the Chairman of the American Chamber of Commerce in India and also the President of the PHD Chamber of Commerce and Industry which was the 100th Year of the Chamber. Mr. Memani is associated with various other Chambers of Commerce. He is the former President of Federation of Indian Export Organisations and Indo American Chamber of Commerce. Currently he is member of the managing committees of Federation of Indian Chambers of Commerce and Industry, Indo American Chamber of Commerce, American Chamber of Commerce, Associated Chamber of Commerce, PHD Chamber of Commerce etc.
Governance and leadership are the yin and the yang of successful organisations.