Nilesh Shivji Vikamsey appointed new President of ICAI
Nilesh Shivji Vikamsey was elected as the new President of the Institute (संस्थान) of Chartered Accountants of India (ICAI) for the year 2017-18 on February 12, 2017. The 40-member Central Council of the Institute of Chartered Accountants of India (ICAI) also elected Naveen N D Gupta asthe Vice-President for the year 2017-18. Prior (पूर्व) to this, Vikamsey served as vice-president and has been the member of ICAI since 1985 while Gupta was Chartered Accountant of ICAI for more than 20 years. The Institute of Chartered Accountants of India (ICAI) was established under the Chartered Accountants Act, 1949 passed by the Parliament of India with the objective (लक्ष्य) of regulating accountancy profession in India. The council has 32 elected members and eight are nominated (नामित) by the Central government.