The Institute of Cost Accountants of India (ICMAI) has elected CMA Ashwin G. Dalwadi as its new President and CMA Bibhuti Bhushan Nayak as the new Vice President for the year 2023-24.
Our Analysis and Commentary
ICMAI Elects Dynamic Leadership to Steer the Institute Towards Excellence
The recent election of the new President and Vice President of the Institute of Cost Accountants of India (ICMAI) marks a significant milestone in the institution’s journey towards excellence. CMA Ashwin G. Dalwadi and CMA Bibhuti Bhushan Nayak have been elected as the new leaders to steer ICMAI in the year 2023-24.
CMA Ashwin G. Dalwadi brings a wealth of experience and expertise to his new role as President of ICMAI. With an illustrious career spanning over three decades, his contributions to the field of Cost Accountancy and General Management are commendable. As a leading practicing Cost Accountant, his appointment is a testament to his exceptional academic background and invaluable industry insights. We are confident that under his leadership, ICMAI will witness tremendous growth and continue to uphold its reputation as a pioneer in the field.
Similarly, CMA Bibhuti Bhushan Nayak’s election as the Vice President of ICMAI further strengthens the institution’s leadership team. With over 25 years of experience and a profound understanding of the profession, his contribution to ICMAI’s strategic decisions will undoubtedly be invaluable. As a practicing Cost Accountant and a former senior executive, Nayak brings a unique perspective to the table, which will play a crucial role in driving the institute forward.
ICMAI, as the largest Cost & Management Accounting body in the world, has consistently strived for excellence and innovation. The institution’s commitment to fostering global collaborations is evident through its partnerships with esteemed organizations such as IFAC, CAPA, and SAFA. These alliances not only establish ICMAI as a leader in the field but also provide its members with access to a global network of professionals, enabling them to grow and excel in their careers.
It is also worth mentioning the recent ‘Global Summit 2023’ organized by ICMAI, which served as a knowledge-sharing platform for industry experts to discuss the key theme of sustainable development. The presence of esteemed dignitaries, such as Shri Arjun Ram Meghwal and Dr. Subhas Sarkar, added prestige to the event and underscored ICMAI’s commitment to staying at the forefront of emerging industry trends.
With the dynamic leadership of President Ashwin G. Dalwadi and Vice President Bibhuti Bhushan Nayak, ICMAI is poised to achieve new heights of success. Their collective expertise, vision, and dedication will undoubtedly propel the institution towards further excellence. We can expect continued advancements in Cost Accountancy and General Management, as well as enhanced opportunities for ICMAI’s students and qualified CMAs.
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