ICAI New President 2026–27: CA. Prasanna Kumar D Takes Charge

ICAI announces new leadership for 2026–27. CA Prasanna Kumar D becomes 74th President and CA Mangesh P. Kinare elected Vice-President. Read full update for CA students.

CA. Mangesh P. Kinare elected as Vice-President of ICAI

The Institute of Chartered Accountants of India (ICAI) has announced its new leadership for the term 2026–27. Senior chartered accountant CA. Prasanna Kumar D has taken over as the 74th President of ICAI, while CA. Mangesh P. Kinare has been elected as the Vice-President.

ICAI, set up by an Act of Parliament, is the world’s largest professional body of Chartered Accountants. The appointment of new leadership is a significant development for CA students, members, and the profession as it influences decisions related to the CA course, examinations, evaluation system, and future reforms.

CA. Prasanna Kumar D Becomes ICAI President (2026–27)

CA. Prasanna Kumar D brings over 40 years of professional experience to the role. He qualified as a Chartered Accountant in 1984, securing a rank in the CA Inter examination. Over the years, he has held multiple leadership positions within ICAI at branch, regional, and central council levels.

Key roles held:

  • Vice-President of ICAI (2025–26)
  • Chairman, Visakhapatnam Branch
  • Regional Council Member, SIRC
  • Chairman at regional level
  • Member of ICAI Central Council for multiple terms

He has been actively involved in ICAI governance, policy formulation, and member welfare initiatives. On the international front, he has represented ICAI at global forums including the South Asian Federation of Accountants (SAFA) and other international accounting bodies.

As President, CA. Prasanna Kumar D will chair major ICAI committees including:

  • Executive Committee
  • Finance Committee
  • Disciplinary Committee
  • Examination Committee

His tenure is expected to focus on strengthening professional standards, enhancing student services, and improving global recognition of Indian Chartered Accountants.

CA. Mangesh P. Kinare Elected Vice-President of ICAI

Alongside the new President, CA. Mangesh P. Kinare has been elected as the Vice-President of ICAI for the term 2026–27. With strong experience in professional practice and institutional governance, he will support various initiatives related to education, examinations, and member development.

Impact on CA Students & ICAI Exams

The ICAI President and Vice-President play a crucial role in shaping the future of the CA course. Their leadership impacts:

  • CA Foundation, Inter, and Final exam system
  • Evaluation timelines and result processes
  • Syllabus updates and training structure
  • Digital initiatives in ICAI exams
  • Student support and mentorship programs

For CA aspirants preparing for upcoming attempts, leadership changes often bring continued improvements in the examination system, evaluation speed, and professional training standards.

ICAI Leadership 2026–27: Why It Matters

ICAI’s leadership directly influences the direction of the CA profession in India. With experienced leaders like CA. Prasanna Kumar D and CA. Mangesh P. Kinare taking charge, the institute is expected to continue its focus on:

  • Strengthening governance and standards
  • Improving exam and evaluation systems
  • Expanding global presence of Indian CAs
  • Enhancing student and member support

This new leadership term is important for both current CA students and professionals as ICAI moves forward with modernization and global integration.

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FAQs

Who is the new President of the ICAI?

With effect from February 12, 2026, CA. Prasanna Kumar D. has been elected as the 74th President of the Institute of Chartered Accountants of India (ICAI) for the 2026–2027 term.

When did CA Prasanna Kumar D assume office as ICAI President?

CA Prasanna Kumar D took charge as President of ICAI on 12 February 2026, succeeding CA Charanjot Singh Nanda at the start of the 2026–27 council year.

What leadership roles has he held in ICAI before becoming President?

Before becoming President, he served as ICAI Vice-President and held key roles including chairman of branches and regional councils, contributing to governance and member development.

Who is the Vice-President of ICAI for 2026–27?

Alongside President Prasanna Kumar D, CA Mangesh Pandurang Kinare has been elected as the Vice-President of ICAI for the 2026–27 term.

What contributions has Prasanna Kumar D made to ICAI committees?

He has chaired several ICAI committees, represented the Institute on advisory panels for regulators like IRDAI and SEBI, and contributed to policy coordination and governance.

What was his role as ICAI Vice-President in 2025–26?

As Vice-President in 2025–26, his leadership included managing the Chartered Accountants Benevolent Fund, receiving significant contributions, and offering assistance to members’ families.

What does his presidency signify for ICAI?

His presidency marks a continuation of experienced leadership focused on strengthening ICAI’s governance, professional relevance, and member welfare at national and international platforms.

Does ICAI have a global presence?

Yes, ICAI operates in India with regional councils and has over 15 lakh members and students, and a global network of branches and overseas chapters.

How long is the ICAI President’s term?

The ICAI President, including Prasanna Kumar D, serves for one council year — from 12 February 2026 to 11 February 2027 — leading professional initiatives.

What are the key priorities of CA Prasanna Kumar D as ICAI President 2026–27?

As ICAI President 2026–27, CA Prasanna Kumar D is expected to focus on strengthening professional standards, enhancing student support systems, promoting global recognition of Indian CAs, and improving digital initiatives within the Institute.