<h1>Appointment of professional body president strengthens regional accountancy leadership and coordination across SAARC member institutes.</h1> ICAI nominee assumed the SAFA presidency effective on the announcement date, having been SAFA Vice President previously and served on SAFA committees on transparency, accountability and governance, professional accountants in business, professional ethics and independence, and quality control; this appointment follows an eight year gap for ICAI. The Institute of Chartered Accountants of Sri Lanka was appointed SAFA Vice President. SAFA is the SAARC regional forum of professional accountancy bodies with ten member institutions and observer states, and ICAI hosts its Permanent Secretariat.