New president groomed for success
Management consultant Michael Groom has been confirmed as the new president of the ICAEW.
Delivering his inaugural speech Groom unveiled a new enterprise programme designed to promote ICAEW members as the leading advisers to business.
‘This is much more than a one year initiative,’ he said.
‘This enterprise programme will provide the kind of practical help to members and the businesses they advise that will help to build businesses large and small.’
Nor did Groom shy away from the controversial issue of restructuring district societies, plans for which he endorsed.
‘Our ten regional business centres will work alongside, and indeed strengthen, our existing district societies to raise the profile of chartered accountants in the emerging regional business and government forums,’ he said.
A former sole practitioner and partner in a national firm, Groom has written extensively on accountancy, audit and tax. He has regularly lectured for the institute.
Peter Wyman, tax partner at PricewaterhouseCoopers becomes deputy president and David Illingworth, a partner with KPMG, takes on the role of vice president.
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