The Council of the Institute of Chartered Accountants of Pakistan (ICAP) has elected office bearers for the term of 2012-13, a statement said on Wednesday. It said that the council had unanimously elected Ahmad Saeed as President of the Institute, Yacoob Sattar as Vice President (South) and Naeem Akthar Sheikh as Vice President (North). It was also mentioned in the statement that Ahmad Saeed and Yacoob Sattar were both fellow members of the ICAP and the Institute of Cost and Management Accountants of Pakistan.