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.’
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