<h1>ICAI President Appointed as SAFA President after Eight-Year Gap, Sri Lankan Counterpart Becomes Vice-President.</h1> The President of the Institute of Chartered Accountants of India (ICAI) has been appointed as the President of the South Asian Federation of Accountants (SAFA) for 2014, following his role as Vice-President in 2013. He has previously contributed to various SAFA committees. This appointment comes after an eight-year gap for an ICAI nominee. The President of the Institute of Chartered Accountants of Sri Lanka has been appointed as Vice-President. SAFA, established in 1984, is a forum for professional accountancy bodies in the SAARC region, with members from several South Asian countries and observer status for Bhutan and Afghanistan.