Shashank karnad – Partner AND ceo, forensic services

Shashank Karnad
Partner and CEO,
Forensic Services

  • Bachelor of Commerce (First class)
  • Chartered Accountant (India)
  • Certified Fraud Examiner(USA)
  • Chartered Arbitrator(UK)

Executive Education:
  • Leadership Development
    Program (ISB – Hyderabad 2008)
  • Leadership Development
    Program on Managing and
    Leading Professional
    Service (Harvard
    Business School,
    Mumbai Campus 2016)
Shashank is Partner and CEO of Mahajan and Aibara’s Forensic practice.He is a chartered accountant and has over 24 years’ experience in fraud investigations, dispute advisory services, internal audit, corporate governance, and fraud risk management. Shashank worked with KPMG for 18 years and was Partner and COO in KPMG’s forensic practice based out of Mumbai. Thereafter he was with Protiviti and FTI Consulting as Managing Director and Senior Managing Director in their Forensic practices.Shashank was recently recognized as a Global Leader by Who’s Who Legal, in the Forensic Accountant category, consecutively, for the years 2020 and 2021.

Shashank has worked on several cross-border matters involving both Indian and foreign, securities and exchange regulators, development financial institutions and law enforcement agencies across over 30 jurisdictions including India

  • Investigations:Shashank has led a large number of investigations and due diligences in the areas of anti-bribery and corruption, financial crime, financial misconduct, accounting misstatement, intellectual property theft, procurement, sales and distribution, human resources, fixed assets and softer issues such as victimisation and sexual harassment

  • Dispute Advisory Services: He has also been appointed as an Expert Accountant and has been cross-examined in over 20 arbitration matters concerning several millions of USD, both in India and overseas jurisdictions such as Dubai, London and Singapore, and has had a near-100% success-rate in awards. He has also worked as a tribunal appointed quantum expert
Over his professional career, Shashank has worked extensively across industry sectors. His specialization has evolved in financial services, retail and consumer, industrial manufacturing and infrastructure sectors.