ICAI Announces New Leadership for 2026-27 Term with Prasanna Kumar D as President
The Institute of Chartered Accountants of India (ICAI) has officially elected its new leadership team for the upcoming 2026-27 term. In a significant development, CA Prasanna Kumar D has been appointed as the president, while CA Mangesh Pandurang Kinare will serve as the vice-president. This announcement was made following a council meeting held in New Delhi, where the new governing body was formally constituted.
Prasanna Kumar D: A Veteran Leader with Four Decades of Experience
CA Prasanna Kumar D steps into the role of president as the 74th individual to hold this prestigious position within ICAI. His election marks a continuation of his long-standing commitment to the institute, having qualified as a chartered accountant back in 1984 and accumulated over four decades of professional expertise. Throughout his career, Prasanna Kumar has actively contributed to ICAI's governance, serving in numerous leadership capacities.
His previous roles include chairing several key committees and representing the institute on various government and regulatory panels. Notably, during his tenure as vice-president in the 2025-26 term, he oversaw significant achievements, including the strong performance of the Chartered Accountants Benevolent Fund. This success was attributed to enhanced member participation and the implementation of robust welfare initiatives, showcasing his dedication to member services.
Mangesh Kinare: A Seasoned Professional with Extensive Expertise
As the newly elected vice-president, CA Mangesh Pandurang Kinare brings a wealth of experience to the leadership team. Currently serving his third term on the ICAI Central Council, Kinare has more than 33 years of professional background in critical areas such as accounting, auditing, taxation, and corporate governance. His deep involvement with the institute is evident from his previous leadership of the Professional Development Committee.
Kinare has also represented ICAI on both national and international bodies, highlighting his global engagement. He is widely recognized for his specialized knowledge in Goods and Services Tax (GST) and professional ethics, making him a respected figure in the field. Additionally, he is a frequent speaker at professional forums, where he shares insights and promotes best practices within the accounting community.
Future Focus: Strengthening Standards and Global Outreach
The newly elected leadership is poised to drive ICAI forward with a clear agenda for the 2026-27 term. Key priorities include strengthening professional standards to uphold the integrity of the chartered accountancy profession, expanding global engagement to enhance ICAI's international presence, and enhancing member services to support the growing community of professionals. This strategic direction aims to build on the institute's legacy while adapting to evolving economic and regulatory landscapes.
With Prasanna Kumar D and Mangesh Kinare at the helm, ICAI is expected to leverage their combined experience to foster innovation, promote ethical practices, and ensure the welfare of its members. Their leadership comes at a crucial time as the institute navigates challenges and opportunities in the financial sector, reinforcing its role as a pivotal body in India's economic framework.
