ICAI Appoints CA Prasanna Kumar D as President for 2026–27
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ICAI Appoints CA Prasanna Kumar D as President for 2026–27
ICAI Announces New Leadership for 2026–27
The Institute of Chartered Accountants of India (ICAI), the largest professional accounting body in the world, has begun a new leadership term for 2026–27. In a key development for the financial and regulatory community, CA Prasanna Kumar D has been elected as the 74th President of ICAI.
He officially stepped into office on February 12, 2026, taking over from CA Charanjot Singh Nanda. His tenure is expected to emphasize modernization, global collaboration, and strengthening the professional standards of chartered accountants across the country ICAI Appoints CA Prasanna Kumar D as President for 2026–27.
Profile of CA Prasanna Kumar D
With over four decades of experience in the profession, CA Prasanna Kumar D brings extensive knowledge and leadership maturity to his new role. A Fellow Member of ICAI since 1984, he has steadily progressed through various responsibilities within the Institute.
Career Milestones
Student Leadership: Began his journey by actively contributing to student initiatives through the Southern India Chartered Accountants Students Association (SICASA).
Regional Service: Served on the Southern India Regional Council (SIRC) for nearly a decade (2007–2016) and led the council as Chairman during 2013–14.
Central Council Tenure: Completed two consecutive terms in the 24th and 25th Central Councils and continues his service in the 26th Council.
Vice-President (2025–26): Played a key role in strengthening member welfare initiatives, particularly the Chartered Accountants Benevolent Fund (CABF).
Apart from his professional contributions, he is also an avid volleyball player, reflecting his appreciation for discipline, collaboration, and resilience—qualities that align closely with leadership.
Agenda for the 2026–27 Term
As President, CA Prasanna Kumar D will head several important committees, including executive, finance, examination, and disciplinary bodies.
His priorities for the term include:
Enhancing Global Presence
Working toward positioning India as a prominent global destination for accounting expertise and advisory services.
Promoting Research and Technology
Guiding ICAI’s research initiatives such as the Accounting Research Foundation (ICAI ARF) and XBRL India to encourage innovation and knowledge development.
Strengthening Member Welfare
Expanding welfare measures and financial assistance programs for members to ensure professional and personal support.
Upholding Ethical Standards
Maintaining strict compliance, transparency, and governance practices to safeguard the profession’s credibility.
Appointment of the New Vice-President
The ICAI Council has also elected CA Mangesh Pandurang Kinare as Vice-President for the 2026–27 term.
He brings valuable experience from his tenure as a Central Council Member and former Chairman of the Western India Regional Council (WIRC). Together, the new leadership team is expected to drive reforms and strategic growth within the Institute.
Importance of the Leadership Change
The transition comes at a time when India’s economy is rapidly evolving and regulatory frameworks are becoming increasingly complex. Chartered Accountants remain central to financial stability, compliance, and governance.
With prior experience representing ICAI on committees associated with SEBI, IRDAI, and the Ministry of Corporate Affairs, CA Prasanna Kumar D is well-equipped to navigate regulatory developments and strengthen ICAI’s institutional standing.
As the new term begins, the focus remains on building a technologically advanced, ethically grounded, and globally respected CA profession.
FAQs
Who is the ICAI President for 2026–27?
CA Prasanna Kumar D has been elected as the 74th President of ICAI.
When did he assume office?
He took charge on February 12, 2026.
Who is the Vice-President for 2026–27?
CA Mangesh Pandurang Kinare has been elected as Vice-President.
What are the priorities of the new leadership? The leadership aims to strengthen global engagement, promote research and innovation, enhance member welfare, and uphold high ethical and governance standards.
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