ICAEW has announced the appointment of Paul Brooks as the new chair of its regulatory board.
Paul took up the role as lay chair of the ICAEW Regulatory Board (IRB) at the beginning of August on a three-year term.
Paul has previously chaired ICAEW’s Conduct Committee and has held other positions on ICAEW regulatory and disciplinary committees. He has a background in private equity investment and venture capital and has worked extensively with chartered accountants throughout his career.
ICAEW has also announced that Catherine Boyd and Kaysen Pyndiah have been appointed as new IRB members. Catherine, formerly chair of the Insolvency Licensing Committee, and Kaysen, a former member of the Practice Assurance Committee, also commenced their roles on 1 August.
The IRB is responsible for oversight of ICAEW’s regulatory and disciplinary work to ensure that it is acting in the public interest and strengthening trust in the profession.
The Board has parity of lay and chartered accountant members, and was established in 2014 to enhance the distinction between ICAEW’s representative and regulatory roles following an independent review of its regulatory governance.
"I’m delighted to have been appointed Chair of the IRB. Acting in the public interest is crucial to protecting the reputation of ICAEW Chartered Accountants, and with a commitment to maintaining the highest regulatory and standards, the IRB will be key to ensuring this happens,” says Paul Brooks, incoming IRB chair.
“I congratulate Paul on his appointment and look forward to working with him and the new IRB members,” says Peter Wyman, Chair of the ICAEW Board. He added, “Chartered accountants play a key role in strengthening trust and acting in the public interest, and I’m confident that, under Paul’s leadership, the IRB will continue to fulfil its responsibilities as an oversight regulator.”
More information about the IRB can be found here.
