Carey, who has worked at the institute for 15 years, was said to be leaving to ‘develop new opportunities in his areas of expertise’.
But John Collier, ICAEW secretary general, said he hoped Carey would continue to work with the institute on a contractual basis.
Carey, through the Centre for Business Performance, was responsible for research and publications on areas such as financial reporting, corporate governance and sustainability. Commenting on his decision to quit, Carey said: ‘These areas are of vital importance to the performance of leading businesses and I look forward to continuing to contribute to their development.’
In 1998 he was project director of the Turnbull working party on internal controls and secretary of the institute’s corporate governance group.
ICAEW president Michael Groom said: ‘His energy, vision, understanding of business issues and first class international networks have earned him widespread respect in the profession and beyond.’
The Centre for Business Performance was set up in January 1999 to promote ‘thought leadership’ in the business and wider community on performance-related issues of immediate and long-term importance, with an emphasis on their financial aspects.
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