Mike Hathorn has been appointed as the new president of the Institute of Chartered Accountants of Scotland.
Hathorn, a senior partner with Moore Stephens in London, officially took up the presidency at the institute’s annual general meeting held in Edinburgh today. He succeeds Ian Robertson, chief executive of the house builder Wilson Bowden.
The new president is supported by senior vice president Norman Murray, chairman of Cairn Energy and junior vice president Isobel Sharp, a partner at Deloitte. Each president serves a one-year term.
Speaking at the AGM the new president said: ‘It is a great honour to take up the presidency of the world’s first professional body of accountants. Over the past year I have had the privilege of supporting past president Ian Robertson during the Institute’s 150th anniversary celebrations. I would like to pay tribute to the excellent work undertaken by Ian and I am only too aware of the high standards that he has set.
‘Our profession and institute continue to face many challenges, in particular the consolidation taking place of three of the UK accountancy bodies.
‘ICAS has a clear and independent vision for the future. By operating in a focused way and continuing the high standards we have upheld so strongly in the past we will always have a valid contribution to make.’
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