RegulationAccounting StandardsACCA chief exec to step down

ACCA chief exec to step down

Allen Blewitt will not seek to extend his fixed five-year contract, body says

ACCA’s chief executive Allen Blewitt has notified the institute that he will
step down in a year’s time and will not seek to extend his fixed five-year
contract.

Blewitt, 57 – who joined ACCA as executive director of Asia Pacific in May
2003 – has told the organisation that he will be returning to Australia to
devote more time to family and new professional activities.

ACCA chairman Brendan Murtagh described Blewitt’s contribution to the
development of the institute as ‘immense’.

‘We are grateful for his unstinting efforts, which give us the necessary time
to start the process of finding a suitable replacement, safe in the knowledge
that ACCA will remain focused on its strategy. It will be very much ‘business as
usual’ in 2008.

‘As a global body, ACCA will be looking throughout the world for its next
CEO. More than half of our membership is based outside the UK and so whoever is
eventually appointed will have to have considerable experience and knowledge of
many economic markets where ACCA has established a presence in recent years.
Allen has played a major role in that success and so the bar will be set high
for his successor,’ said Murtagh.

Further reading:

ACCA backs schools teaching finance

ACCA: another Anstee will kill the CCAB

ACCA calls for better European regulation

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