The Institute of Chartered Accountants of India (ICAI) has elected Prasanna Kumar D as its new president and Mangesh Pandurang Kinare as vice-president. These appointments are for the council year 2026-27 and took effect on February 12, 2026 . Prasanna Kumar D becomes the 74th President of ICAI, succeeding Charanjot Singh Nanda.
Prasanna Kumar D’s Background
Prasanna Kumar D has been a chartered accountant since 1984 . He is a fellow member of ICAI. He previously served as president of the Visakhapatnam branch from 2001 to 2002 . He was a member of the South India Regional Council from 2007 to 2016 . Kumar also served on ICAI’s central council.
During his term as vice-president in 2025-26 , the Chartered Accountants Welfare Fund collected ₹ 6.09 crore . It provided ₹ 2.24 crore in assistance to members’ families. ICAI stated Kumar has served on national committees for corporate governance, tax advisory, GST grievance redressal, and trade reforms. He leads ICAI’s research and development units, the accounting research foundation, XBRL India, and three welfare funds. He represents ICAI in SAFA, PAFA, and AFA forums. He also advises IFAC board members.
Mangesh Pandurang Kinare’s Role
Mangesh Pandurang Kinare is the new vice-president. He is a fellow member of ICAI. Kinare has worked in accounting, taxation, and related fields for over three decades. He is serving his third term on the ICAI central council. He previously chaired the Western India Regional Council in 2013-14 . Kinare chaired several ICAI committees. He is an expert in GST, audit, and corporate advisory. He also serves as an independent director and faculty at professional forums. He served on the regulatory committee bench for six years.