ICAEW has announced that Alan Vallance has been appointed as its new Chief Executive.
Vallance is expected to take up the role in Spring 2024. He will succeed Michael Izza, who has been CEO of the Institute since 2006.
Izza announced in March his intention to retire from ICAEW by the end of this year, but he has agreed to stay in post until Vallance joins the Institute, to ensure a smooth transition.
Vallance, an ICAEW chartered accountant, is currently Chief Executive of the Chartered Insurance Institute. His previous roles have included Chief Executive of the Royal Institute of British Architects and the Group Chief Operating Officer at the Law Society.
Vallance said: “The accountancy profession today plays a vitally important leadership role on the key issues facing society. I am determined to make sure that ICAEW leads from the front and that this role continues, indeed evolves in the future, with an unwavering focus on the public interest so that our members play their rightful part in building a world of sustainable economies.”