PracticeAuditICAEW hires new FD

ICAEW hires new FD

The ICAEW today announced it has hired a new finance director. Robin Fieth's first task will be to wrestle with the institute's deficit, put at £2m last year.

Fieth joins the institute from Transacsys, a business created from his former company GiroVend, which was involved in developing internet marketplaces. He began his career with Price Waterhouse, joining GiroVend Cashless Systems in 1996.

Last April, the institute disclosed a deficit of some £600,000 for 2000 in its annual review and said at the time it was budgeting for ‘substantial’ losses for 2001.

It is hoping to increase membership fees at a special meeting on 11 June from £167 to £200 to help make up the shortfall.

Institute executive director of finance and operations Michael Izza said Fieth would play a ‘pivotal role’ at Moorgate Place.

Related Articles

KPMG replaces PwC as Croda auditor

Accounting Firms KPMG replaces PwC as Croda auditor

1d Emma Smith, Managing Editor
EY fined £1.8m over Tech Data audit

Accounting Standards EY fined £1.8m over Tech Data audit

4d Emma Smith, Managing Editor
Top 50+50: Firms post significant growth in new tax and audit rankings

Audit Top 50+50: Firms post significant growth in new tax and audit rankings

1w Emma Smith, Managing Editor
FRC closes KPMG HBOS audit investigation, Treasury Committee expects ‘full explanation’

Accounting Firms FRC closes KPMG HBOS audit investigation, Treasury Committee expects ‘full explanation’

1m Emma Smith, Managing Editor
PwC to audit BBC pay policies following gender pay gap outrage

Accounting Firms PwC to audit BBC pay policies following gender pay gap outrage

1m Alia Shoaib, Reporter
FRC closes investigation into PwC over Barclays compliance

Accounting Firms FRC closes investigation into PwC over Barclays compliance

2w Alia Shoaib, Reporter
KPMG rocked by South African corruption scandal

Audit KPMG rocked by South African corruption scandal

3w Alia Shoaib, Reporter
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

4w Emma Smith, Managing Editor