RegulationAccounting StandardsSir Brian Souter in line for ICAS presidency

Sir Brian Souter in line for ICAS presidency

Stagecoach founder Sir Brian Souter has been nominated as ICAS vice president

STAGECOACH founder Sir Brian Souter has been nominated as ICAS vice president, putting the well-known entrepreneur in line to become the institute’s president in 2017.

Sir Brian is the sole nominee of the ICAS Council to become vice-president in April 2015. If elected, it is likely he would succeed current deputy president Jim Pettigrew, and current vice-president Ken McHattie to become ICAS president.

He is one the UK’s best known entrepreneurs having co-founded Stagecoach Group in 1980. The transport business, which he chairs, started with just two buses and now has a market capitalisation of just under £2bn.He was the Group’s Chief Executive until May 2013.

“This is a unique opportunity for me to repay some of the debt I owe to the Institute of Chartered Accountants of Scotland for the excellent training I received as a young man and I hope I will be able to encourage more young people to enter the profession,” said Sir Brian.

He qualified as a chartered accountant in 1984 after training with Arthur Andersen in Glasgow.

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