The Council of the Institute of Chartered Accountants of India (ICAI) today elected its new President & Vice-President for the term 2024-25.
CA Ranjeet Kumar Agarwal has been elected as the President and CA Charanjot Singh Nanda as the Vice-President of The Institute of Chartered Accountants of India w.e.f. February 12, 2024
CA Ranjeet Kumar Agarwal, President | ICAI (2024-25)
A thorough academician, with a consistent pursuit towards achieving excellence and a technically affluent professional who has been significantly contributing to the cause of the profession, CA. Ranjeet Kumar Agarwal has been elected as the President of the Institute of Chartered Accountants of India for the term 2024-25. CA. Ranjeet Kumar Agarwal is a practicing Chartered Accountant since last 24 years. He is also a Company Secretary & DISA from ICAI. He was elected to the 23rd, 24th & 25th Central Council of the Institute of Chartered Accountants of India 3 times in a row.
As the Chairman of the Professional Development Committee of ICAI, implemented Bank Branch Audit Software and conceptualised and implemented UDIN, a landmark reform of ICAI. He was also the Convenor of Group constituted to implement UDIN concept in all SAARC Countries (Sri Lanka, Pakistan, Nepal, Bhutan, Bangladesh, Afghanistan & Maldives). As Chairman of the Ethical Standard Board of ICAI in 2019, he was instrumental towards bringing the revised the Code of Ethics after a gap of 10 years. He has also been the Chairman of Committee for Members in Industry and Business & Tax Audit Quality Review Board of ICAI wherein major refinements in the processes were implemented.
He is a regular speaker on the topics- Code of Ethics, Professional Opportunities, Students Motivation Sessions and also socially equally active with Lions Club, Barabazar Library, JCI, Friends of Tribal Societies, Awantika etc.
CA Charanjot Singh Nanda, Vice-President | ICAI (2024-25)
As Charanjot Singh Nanda serves as a prominent figure in various esteemed positions within the realm of financial governance and oversight, it’s imperative to elucidate his multifaceted contributions and responsibilities. Nanda, assuming the role of Central Council Member of the Institute of Chartered Accountants of India (ICAI) from 2022 to 2025, exemplifies a steadfast commitment to advancing the profession and upholding its principles.
Within the ICAI framework, Nanda’s leadership extends notably as the Chairman of the Disciplinary Advisory and Appellate Board (DAAB). In this pivotal role, he oversees the adjudication process, ensuring ethical standards are upheld and disciplinary actions are administered judiciously.
Furthermore, Nanda presides as the Chairman of the Committee on Financial Markets and Investors Protection, where he spearheads initiatives aimed at fostering transparency, stability, and investor confidence within financial markets. His expertise in this domain bolsters regulatory frameworks and safeguards investor interests.
Simultaneously, Nanda assumes the mantle of Chairman of the Information Technology (IT) Committee of the South Asian Federation of Accountants (SAFA). In this capacity, he navigates the intersection of technology and accountancy, championing digital innovation, cybersecurity measures, and regulatory compliance across regional borders.
Moreover, Nanda serves as the Vice Chairman of the Board of Internal Audit & Management Accounting, bringing strategic insights and best practices to enhance organizational governance and performance management.
Collectively, Charanjot Singh Nanda’s versatile leadership across these diverse roles underscores his dedication to advancing professional standards, fostering accountability, and driving sustainable growth within the financial ecosystem.
