ACCA to recruit CEO from within

ACCA to recruit CEO from within

Accountancy body ACCA has decided not to continue its calamitous external search for a chief executive and instead promote from within its own ranks after facing heavy fire from critics.

link: Rose to sever ties with ACCA

Three senior ACCA staff are believed to be in line for the job, and Accountancy Age understands the executive director of ACCA’s Asia Pacific region, Allen Blewitt, is the favourite to take the reins from acting CEO Helen Brand.

A spokesman for the association said: ‘Helen is keeping the ship sailing onwards. She would be a strong possibility if that’s the road we choose to go down. It’s probably true to say that since a couple of years ago, we have a much stronger internal team of executives.’

Although ACCA would not confirm or deny that Blewitt will eventually take over, Accountancy Age understands that an official announcement will be made in the next two weeks, following a council meeting on Saturday.

The news will come as a relief to ACCA members, who have endured a tortuous search for a willing chief executive.

Des Hudson resigned in September, just weeks before taking the helm and in Autumn 2001, Andrew Hind, now chief operating officer at the BBC World Service, walked away from the post over confusion surrounding the chief executive’s remit.

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