Costello, who has been at the ITI since 1993, will take up the new position on 1 September and will replace Brian Walsh, who is retiring.
Commenting on his appointment, Costello said that he was ‘looking forward to working with the council of ICAI to guide the Institute into a new and exciting era’.
‘Brian Walsh has worked tirelessly to bring this institute through a difficult and challenging period for it and the accounting profession generally,’ said Terence O’Rourke, ICAI President, of the outgoing CEO. ‘He will leave the Institute in a healthy position ready for the challenges ahead. For that we owe him our thanks.’
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars