CAPA celebrates leadership transition

Published date: December 14, 2023

(L to R) Prafulla Chhajed, Jim Knafo and Yong Sok Jhun


Prafulla Chhajed commenced his two-year term as CAPA President on 6 October. From the Institute of Chartered Accountants of India (ICAI), he takes over the helm from Jim Knafo from the American Institute of Certified Public Accountants. Yong Sok Jhun from the Korean Institute of Certified Public Accountants (KICPA) was subsequently elected Deputy President.

Prafulla was President of the ICAI for 2019-2020 and has been a CAPA Board member since 2019. He was also Chair of the Executive Committee responsible for organising the World Congress of Accountants 2022 and member of the IFAC PAO Development & Advisory Group for the term 2021–2023. He also represented ICAI at various national and international organisations, such as the South Asia Federation of Accountants and the International Integrated Reporting Council.

Yong Sok Jhun has served as a member of the KICPA Board since 2017 and has been a CAPA Board member since 2019. He is the Regulatory and Public Policy Leader for Deloitte Korea and has over 17 years’ experience as an audit partner.

Yong Sok commented “CAPA as a regional organisation plays an important role in the accountancy profession. As Deputy President, I am committed to working with the Board and Leadership Team in achieving CAPA’s vision, driven by the newly approved strategic plan.”

The leadership elections follow the 4-yearly Board election, and Brian Blood, CAPA Chief Executive, noted that CAPA received a record number of nominations this year for a position on the Board. The new Board consists of some familiar and some new faces, providing both a level of continuity and access to fresh perspectives.

The list of all Board members is available at this page: About Us > Board Members.