Nadiadwala will now preside over the association as chairperson and ex-officio member of all committees framed and working on different agendas.
"This is a big responsibility that has been bestowed upon me by my seniors in the industry, so I will try my best to deliver on it, " Nadiadwala said in a statement.
"There are many issues that we have to look into - the most significant among them is piracy. It's something that I will look into very seriously in my new role as president of AMPTPP, " he added.
AMPTPP is a prominent trade body representing film and television producers, at both national and international levels.
Nadiadwala, 46, has produced films like "Judwaa", "Heyy Babyy" and "Housefull 2", and is now gearing up to don the director's hat for "Kick".
"The council members felt that it is the right time to elect a dynamic young leader like Sajid Nadiadwala, who has knowledge of world cinema, as its president. The governing council is sure that AMPTPP will achieve all its goals under his able leadership, " said Rajat Sengupta, CEO, AMPTPP.