Notes: Nilesh Shivji Vikamsey, who has been a member of the ICAI since 1985, has become the new President of Institute of Chartered Accountant of India (ICAI). Prior to this appointment, Vikamsey was the Vice President of the CA institute in 2016-17. ICAI is the national professional accounting body of India. The affairs of 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 has 32 elected members and eight are nominated by the central government.