ICAI elects New Torchbearers for the year 2020-21 - (12-02-2020)
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ICAI elects New Torchbearers for the year 2020-21
The Institute of Chartered Accountants of India (ICAI) today elected its new President & Vice-President for the term 2020-2021.
CA. Atul Kumar Gupta has been elected as the President, ICAI and CA. Nihar Niranjan Jambusaria has been elected as the Vice-President, ICAI w.e.f. 12th February, 2020.
CA. Atul Kumar Gupta, President ICAI
A man with astute intellect and quick understanding and sharp vision, CA. Atul Kumar Gupta has been elected as President of The Institute of Chartered Accountants of India for the term 2020-21 on 12th February 2020. Having served the profession for about two decades, he joined the Central Council of ICAI in 2013 wherein he remained a member for two consecutive terms, i.e. 2013-16 and 2016-19. He got elected as Vice-President in February, 2019 for the term 2019-2020.
Widely respected for his strong organizational skills and deep insight in the affairs of profession, CA. Atul Gupta has immensely contributed to the cause of profession in the last two Councils. With his commitment, dedication and service to the profession, he endeavours to take the profession to newer zeniths, and also come up to the expectations of stakeholders consequently.
CA. Nihar Niranjan Jambusaria, Vice President, ICAI
A man of professional wisdom, vision and strong organisational skills with a firm belief in all round inclusive growth of Indian Chartered Accountancy profession, CA. Nihar Niranjan Jambusaria has been elected as the new Vice President of the Institute of Chartered Accountants of India (ICAI) for the year 2020-21. A seasoned professional from Mumbai and currently associated in Industry, CA. Nihar Jambusaria qualified as a Chartered Accountant in 1984 and was in practice for nearly 27 years.
A blend of erudition, experience, foresight, technical expertise and professional excellence worth emulating and a Fellow Chartered Accountant from Mumbai, CA. Nihar Niranjan Jambusaria has also been Chairman of WIRC of ICAI in 2004-05.
The Institute of Chartered Accountants of India (ICAI) was established by an Act of Parliament in 1949. Since its inception, has proven its mark as an elite institution devoted to uphold the values of transparency, accountability and integrity. The Institute has indeed come a long way, be it in terms of numbers, skills & utilities, recognition from society or its role in nation building. Shaping the nation's progress with its professional excellence and expertise, ICAI upholds the values of independence, excellence and integrity in every sphere of economic and social system. With over 3 lakh members and more than 7.20 lakh students, ICAI ranks amongst the largest accounting bodies in the world.
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 constitutes of 40 members of whom 32 are elected by the Chartered Accountants and 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.
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