diff --git a/charts/ingress-nginx/README.md b/charts/ingress-nginx/README.md
index 36490474a5..06db4d991b 100644
--- a/charts/ingress-nginx/README.md
+++ b/charts/ingress-nginx/README.md
@@ -291,7 +291,7 @@ Kubernetes: `>=1.20.0-0`
 | controller.customTemplate.configMapName | string | `""` |  |
 | controller.dnsConfig | object | `{}` | Optionally customize the pod dnsConfig. |
 | controller.dnsPolicy | string | `"ClusterFirst"` | Optionally change this to ClusterFirstWithHostNet in case you have 'hostNetwork: true'. By default, while using host network, name resolution uses the host's DNS. If you wish nginx-controller to keep resolving names inside the k8s network, use ClusterFirstWithHostNet. |
-| controller.electionID | string | `"ingress-controller-leader"` | Election ID to use for status update |
+| controller.electionID | string | `""` | Election ID to use for status update, by default it uses the controller name combined with a suffix of 'leader' |
 | controller.enableMimalloc | bool | `true` | Enable mimalloc as a drop-in replacement for malloc. # ref: https://github.com/microsoft/mimalloc # |
 | controller.existingPsp | string | `""` | Use an existing PSP instead of creating one |
 | controller.extraArgs | object | `{}` | Additional command line arguments to pass to nginx-ingress-controller E.g. to specify the default SSL certificate you can use |
diff --git a/charts/ingress-nginx/templates/_helpers.tpl b/charts/ingress-nginx/templates/_helpers.tpl
index e69de0c41f..790a19350f 100644
--- a/charts/ingress-nginx/templates/_helpers.tpl
+++ b/charts/ingress-nginx/templates/_helpers.tpl
@@ -85,6 +85,16 @@ We truncate at 63 chars because some Kubernetes name fields are limited to this
 {{- printf "%s-%s" (include "ingress-nginx.fullname" .) .Values.controller.name | trunc 63 | trimSuffix "-" -}}
 {{- end -}}
 
+{{/*
+Construct a unique electionID.
+Users can provide an override for an explicit electionID if they want via `.Values.controller.electionID`
+*/}}
+{{- define "ingress-nginx.controller.electionID" -}}
+{{- $defElectionID := printf "%s-leader" (include "ingress-nginx.fullname" .) -}}
+{{- $electionID := default $defElectionID .Values.controller.electionID -}}
+{{- print $electionID -}}
+{{- end -}}
+
 {{/*
 Construct the path for the publish-service.
 
diff --git a/charts/ingress-nginx/templates/_params.tpl b/charts/ingress-nginx/templates/_params.tpl
index 305ce0dd26..66c581fa69 100644
--- a/charts/ingress-nginx/templates/_params.tpl
+++ b/charts/ingress-nginx/templates/_params.tpl
@@ -10,7 +10,7 @@
 - --publish-service={{ template "ingress-nginx.controller.publishServicePath" . }}-internal
 {{- end }}
 {{- end }}
-- --election-id={{ .Values.controller.electionID }}
+- --election-id={{ include "ingress-nginx.controller.electionID" . }}
 - --controller-class={{ .Values.controller.ingressClassResource.controllerValue }}
 {{- if .Values.controller.ingressClass }}
 - --ingress-class={{ .Values.controller.ingressClass }}
diff --git a/charts/ingress-nginx/templates/controller-role.yaml b/charts/ingress-nginx/templates/controller-role.yaml
index d6da92ec99..395c88e10c 100644
--- a/charts/ingress-nginx/templates/controller-role.yaml
+++ b/charts/ingress-nginx/templates/controller-role.yaml
@@ -68,7 +68,7 @@ rules:
     resources:
       - configmaps
     resourceNames:
-      - {{ .Values.controller.electionID }}
+      - {{ include "ingress-nginx.controller.electionID" . }}
     verbs:
       - get
       - update
@@ -83,7 +83,7 @@ rules:
     resources:
       - leases
     resourceNames:
-      - {{ .Values.controller.electionID }}
+      - {{ include "ingress-nginx.controller.electionID" . }}
     verbs:
       - get
       - update
diff --git a/charts/ingress-nginx/values.yaml b/charts/ingress-nginx/values.yaml
index a5f6dc776e..622244a115 100644
--- a/charts/ingress-nginx/values.yaml
+++ b/charts/ingress-nginx/values.yaml
@@ -99,8 +99,8 @@ controller:
       # -- 'hostPort' https port
       https: 443
 
-  # -- Election ID to use for status update
-  electionID: ingress-controller-leader
+  # -- Election ID to use for status update, by default it uses the controller name combined with a suffix of 'leader'
+  electionID: ""
 
   ## This section refers to the creation of the IngressClass resource
   ## IngressClass resources are supported since k8s >= 1.18 and required since k8s >= 1.19