ICA Conference: 'Slow road to oblivion'
The English ICA is on a ‘slow road to oblivion’ if member firms carry out threats to pull their trainees out of its training scheme, institute president Dame Sheila Masters warned on Tuesday.
Dame Sheila told the institute’s annual conference urgent discussions were taking place to keep training firms on board after the defeat of top 20 firms’ efforts to introduce electives. She said even if firms withdrew half their trainees, the consequences would be serious.
One FD drew applause when he said members who opposed electives had ‘small minds’. Noel Kelleway, a leader of the anti-electives campaign, said the vote would have been more emphatic had the institute ex-president not exercised his proxy of 2,000 votes in favour of electives.