incumbent
/ɪnˈkʌmbənt/ adjective formalDefinition
› [before noun] holding a particular position in a company, industry, etc. at the present time: the incumbent management/director/supplier
› [before noun] POLITICS holding a particular elected position at the present time: the incumbent mayor/president/vice-president
it is incumbent on sb to do sth › someone has a duty or responsibility to do something: "I think it is incumbent on us to provide a good environment for business," he said.
(Definition of incumbent adjective from the Cambridge Business English Dictionary
© Cambridge University Press)
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