ICAI elected new president, vice-president for the term 2022-23

GUWAHATI: The Council of the Institute of Chartered Accountants of India (ICAI) has elected its new president and vice-president for the term 2022-23, stated a press release.

Chartered Accountant (CA) Debashis Mitra has been elected as the president and CA Aniket Sunil Talati has been elected as the vice-president of the ICAI with effect from February 12. The ICAI, established by an Act of Parliament in 1949, has proven its mark as an elite, world-class institution devoted to upholding the values of transparency, accountability and integrity. With over 3.40 lakh members and over 7 lakh students, ICAI is the world's second-largest accounting body. Through its 5 Regional Councils, 164 Branches, 44 Overseas Chapters & 29 Representative Offices, the Institute is taking forward its agenda of inclusive growth and continues to add glory to the profession.

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 consists of 40 members, of whom 32 are elected by the Chartered Accountants and the 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.

Also Read:  ICAI organizes virtual-outreach programme on financial and tax literacy among masses

Also Watch: