Battle for the ICAEW’s district societies

Members convened at Insurance Hall in the City for the special egm to decide whether to adopt Don Heady’s resolution or to proceed with plans to scrap the existing district society infrastructure.

But the rebels lost their resolutions by 67% to 33% in a vote of around 22,000 of the institute’s 115,000 or so members.

The result of the ballot was:

Resolution one
For – 7,376 (32.7%)
Against – 15,179 (67.3%)

Resolution two
For – 7,365 (32.65%)
Against – 15,192 (67.35%)

ICAEW president Michael Groom, said: ‘I am grateful to our members for voting in such large numbers in favour of our regional plans. We have clearly communicated the benefits we see from a far stronger regional presence, and a substantial majority of our members have supported this move. Now is the time to look outward and onward.

‘We will move on and deliver on our commitments to raise the profile of our members, enhance the value of their qualification and develop greater public understanding of the central role that Chartered Accountants play in enterprise,’ said Groom.

The dispute at a glance

The ICAEW council’s proposal ‘Getting closer to members’:

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