A round-up of the latest news, executive moves and acquisitions from the world of practice during July 2014.
New chair appointed for CCAB
7 July - Jann Brown CA has been appointed the new chair of the Consultative Committee of Accountancy Bodies (CCAB) - the combined group of the main UK accountancy professional bodies.
Jann, the former managing director of Cairn Energy, is the current president of the Institute of Chartered Accountants of Scotland (ICAS).
She takes over the chair from Anthony Harbinson, FCCA of the Association of Chartered Certified Accountants (ACCA).
Brown said: “It is a great privilege for me to be appointed chair of the CCAB. I will energetically take forward the positive agenda that we have to align ourselves behind the challenge of not only communicating the value of the profession but also working to create sustainable economic growth.
"The profession comes together as CCAB to rebuild trust and to continue to further our agenda of 'Accountants for Growth'. Part of this is helping the wider public and the political world to better understand the value that professional accountants play in local, national and global economies as a force for creating wealth, prosperity and public good,” she said.
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ICAEW appoints head of expanded MEASA Region
7 July - The ICAEW has appointed Michael Armstrong FCA as regional director for the Middle East, Africa and South Asia (MEASA).
Based in Dubai, Michael will be responsible for ICAEW’s work across these geographies, collaborating with key partners and raising awareness of the relevance of chartered accountancy to economic growth.
Armstrong is an ICAEW chartered accountant and a seasoned finance professional. Taking up the position on 1 July, he joins ICAEW from KPMG Lower Gulf Region, where he has been head of audit since 2005, as well as being a member of the management committee.
He will be responsible for leading ICAEW’s Middle East regional team as its remit expands to include Africa and South Asia. This will include engaging with business across the region, supporting ICAEW members, working with governments on public finance and accountancy matters and continuing to encourage the growth of strong national professional accountancy organisations which will provide attractive careers for citizens.
Armstrong said: “Over the last few years ICAEW has supported initiatives by governments of the Gulf States to encourage their citizens to gain professional accountancy qualifications, as well as raising awareness of the importance of the accountancy and finance profession to economic growth. As trade and markets become more globalised, the importance of internationally-recognised professionals such as ICAEW Chartered Accountants will grow as governments seek to promote the highest professional, technical and ethical standards.”
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NW firm Mitchell Charlesworth appoints new chairman
3 July - Partner Rob Hall will take on the new role covering offices in Manchester, Liverpool, Chester, Warrington and Widnes.
Hall succeeds long-serving colleague Clive Plummer who held the post for more than two decades.
Mitchell Charlesworth managing partner Paul Wainwright said Hall will be tasked with ensuring the firm retains its democratic approach and strong reputation.
He said: “We have selected one of our most respected partners Rob Hall as our new chairman. Rob is a real asset to Mitchell Charlesworth with a strong track record of delivering excellent results. He is a popular figure with all of the required qualities for the position. His drive and dynamism will help to steer Mitchell Charlesworth forward with purpose. Together we will ensure the continued delivery of quality services to our clients and will strive to achieve a long-term, sustainable business strategy.
Hall joined Mitchell Charlesworth as partner in 2006 and has more than 20 years' experience in dealing with a varied client portfolio of owner managed businesses. He is also a specialist in professional practices and acts for a number of firms of solicitors, barristers and barristers’ chambers.
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Irish accountants FPM join PKF International
1 July - FPM, the leading Northern Ireland-headquartered accountancy and business advisory firm, has joined PKF International, increasing the network’s strength in the UK and Ireland.
FPM, which rebrands as PKF-FPM, has offices in Newry, Belfast, Dungannon and Dundalk. It has a strong client base, and its significant practice areas include corporate finance, tax, restructuring and business succession.
It joins Dublin-headquartered PKF O'Connor, Leddy & Holmes, giving PKFI strong representation across the island.
PKF-FPM becomes the sixth firm to join PKF in the UK and Ireland along with London’s PKF Littlejohn, Midlands-based PKF Cooper Parry, and Scottish firm PKF Johnston Carmichael.
Jeremy Bowler, chairman of PKF in UK and Ireland, said: “PKF has a clear goal of creating a substantial network in the UK and Ireland, and PKF-FPM is the perfect firm to aid our growth and grow our coverage. PKF-FPM already has a solid reputation and this fits perfectly with our objectives of incorporating high quality practices that provide great services to SMEs and who are leaders in their specific markets.”
About Robert Lovell
Business and finance journalist