He was first elected as Council Member of ICAP in 2009 for a four years’ term (2009 – 2013). He has also served as ICAP Vice President for the term 2010-11. Hafiz Yousaf has been re-elected to the Council of the Institute of Chartered Accountants of Pakistan for another term of four years (2013-2017). Currently he is the Chairman of Professional Standards and Technical Advisory Committee, responsible for adoption and issuance of all accounting and auditing