New Delhi, Nov 28 (PTI) The Institute of Cost Accountants of India on Monday said that Vijender Sharma has been elected as the new president and Rakesh Bhalla as vice-president for 2022-23.

The institute, which is a statutory body set up under an Act of Parliament, comes under the administrative control of Union Ministry of Corporate Affairs.

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Vijender Sharma has been elected as the President of the Institute of Cost Accountants of India (ICAI) for the year 2022-23, according to a statement.

The institute conducted the election of President on November 28.

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Sharma is a fellow member of ICAI and a law graduate. He is a leading practising cost accountant since 1998 and insolvency professional since January 2017.

He has an experience of over 22 years in diversified areas of financial, cost and management accounting, internal audit, management consultancy, forensic audit, insolvency and liquidation, etc.

Bhalla is a fellow member of ICAI and a commerce graduate.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)