ICAI Leadership Transition 2025-26: New President and Vice-President
| Key Points | Details |
|---|---|
| Why in News? | ICAI has appointed CA. Charanjot Singh Nanda as President and CA. Prasanna Kumar D as Vice-President for the 2025-26 term. |
| New ICAI President | CA. Charanjot Singh Nanda (73rd President) |
| New ICAI Vice-President | CA. Prasanna Kumar D |
| Effective From | February 12, 2025 |
| Predecessor | CA. Ranjeet Kumar Agarwal (72nd President for 2024-25) |
| ICAI's Role | Regulates Chartered Accountancy profession in India under the Ministry of Corporate Affairs |
| ICAI Strength | Over 4 lakh members, 8.5 lakh students worldwide |
| Global Reach | 5 Regional Councils, 175 Branches in India, 50 Overseas Chapters across 47 countries |
| CA. Charanjot Singh Nanda | - Active member for over three decades- Started career in 1991- Served on Central Council since 2004- Chaired key ICAI committees (e.g., Internal Audit Standards Board, Committee on Management Accounting)- Bachelor of Commerce from M.L.N. College, Kurukshetra University |
| CA. Prasanna Kumar D | - Extensive experience in accountancy and professional education- Bachelor's in Zoology (Loyola College, Chennai)- MA in Sociology (Sri Venkateswara University, Tirupati)- Completed CA in 1984- Fellow member of ICAI for over three decades- Served three consecutive terms on Central Council |
| Leadership Transition Impact | - Continuation of initiatives under CA. Ranjeet Kumar Agarwal- Focus on global presence, professional education, and regulatory frameworks- Integration of Indian accounting standards with global best practices |