ICAI elects New Torchbearers for the year 2025-26
The 26th Council of the Institute of Chartered Accountants of India (ICAI) today elected its new President & Vice-President for the term 2025-26.
CA. Charanjot Singh Nanda has been elected as the President, ICAI and CA. Prasanna Kumar D has been elected as the Vice-President, ICAI w.e.f. February 12, 2025.
The oath of office was administered by Shri Arjun Ram Meghwal, Hon’ble Minister of State (I/C) for Law & Justice and Parliamentary Affairs. On the occasion, the Hon’ble Minister congratulated the newly elected President and Vice-President, ICAI and said, “I am confident that under your able leadership, India will move closer to realizing the vision of Hon’ble Prime Minister Shri Narendra Modi Ji to become the world’s third-largest economy.”
Brief profile & photograph of CA. Charanjot Singh Nanda, President, ICAI & CA. Prasanna Kumar D, Vice- President, ICAI are attached.
About ICAI
The Institute of Chartered Accountants of India (ICAI) is a statutory body set up by an Act of Parliament under the Chartered Accountants Act, 1949 for the regulation and development of the profession of Chartered Accountancy in India. The Institute functions under the administrative supervision of the Ministry of Corporate Affairs, Government of India. With around 9.85 lakh students and over 4 lakh members, today ICAI is the largest professional accountancy body in the world. ICAI has a wide network of 5 Regional Councils and 177 Branches within India and a global presence with 52 Overseas Chapters and 33 Representative Offices spanning 85 cities across 47 Countries worldwide.
The affairs of the ICAI are managed by a Council in accordance with the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988. The Council constitutes of 40 members of whom 32 are elected by the Chartered Accountants and remaining 8 are nominated by the Central Government generally representing the Comptroller and Auditor General of India, Ministry of Corporate Affairs, Ministry of Finance, Securities and Exchange Board of India and other stakeholders.
