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1. Who has been elected as the 67th President of the Institute of Cost Accountants of India (ICMAI) for the 2024-2025 term?
CMA Bibhuti Bhusan Nayak, a seasoned Cost Accountant with over three decades of experience, has been unanimously elected as the 67th President of the Institute of Cost Accountants of India (ICMAI) for the 2024-2025 term. Nayak's extensive background includes serving as Deputy General Manager (Finance) at Odisha Power Transmission Corporation Limited (OPTCL) and holding various leadership roles within ICMAI. His election marks a significant achievement for both Nayak and the ICMAI community, particularly in Odisha, where he is the third Cost Accountant to achieve this prestigious position.