The Institute of Chartered Accountants of India (ICAI) has ushered in a new era of leadership for the 2025-26 term by electing CA Charanjot Singh Nanda as President and CA Prasanna Kumar D as Vice President. The official oath-taking ceremony was administered by Union Minister of State for Law and Justice, Arjun Ram Meghwal, marking a significant milestone in ICAI’s history.
CA Charanjot Singh Nanda: A Legacy of Excellence
With a distinguished career spanning over three decades, CA Charanjot Singh Nanda brings a wealth of experience to his role as the 73rd President of ICAI. A Fellow Member since 1991, Nanda completed his Bachelor of Commerce from MLN College in 1987, consistently securing a spot on the merit list at Kurukshetra University. His journey within ICAI has been marked by leadership roles, including serving as Chairman of the Northern India Regional Council (NIRC) in 2002-2003 and being elected to the Central Council in 2004. His tenure has been characterized by a commitment to advancing the profession and fostering a collaborative environment for Chartered Accountants across various industries.
CA Prasanna Kumar D: A Multifaceted Leader
Elected as Vice President, CA Prasanna Kumar D holds a Bachelor’s degree in Zoology from Loyola College, Chennai, and an MA in Sociology from Sri Venkateswara University, Tirupati. Qualifying as a Chartered Accountant in 1984, he has been a Fellow Member of ICAI with more than three decades of experience. His leadership journey includes serving as Chairman of the Visakhapatnam Branch (2001-2002) and the Southern India Regional Council (2013-14). Beyond his professional achievements, Kumar is a passionate sports enthusiast, actively promoting athletic excellence alongside professional pursuits.
A Vision for the Future
Under the new leadership, ICAI aims to integrate cutting-edge technologies such as Artificial Intelligence and Blockchain into accounting and auditing practices, enhancing efficiency and precision. A notable initiative is the formation of a Committee on Promoting Work-Life Balance, reflecting a holistic approach to professional development. Additionally, ICAI plans to expand its global outreach, empower students through mentorship programs, and strengthen its disciplinary framework to uphold integrity within the profession.
With a membership exceeding 4 lakh and a student base of nearly 10 lakh, ICAI continues to play a pivotal role in shaping the future of the accounting profession in India and globally. The strategic vision set forth by President Nanda and Vice President Kumar is poised to drive innovation, uphold ethical standards, and contribute significantly to nation-building efforts.
