Chair Designate and Lay Members, Regulatory Board, The Association of Chartered Certified Accou[...]

The Association of Chartered Certified Accountants (“ACCA”) - the global body for professional accountants - has long been at the leading edge of governance best practice with regards to regulation and discipline. It introduced lay oversight of its disciplinary arrangements in the 1980s and was the first accountancy body to open its disciplinary hearings to members of the public in the 1990s. ACCA supports 252,500 members and 526,000 future members throughout their careers in 180 countries, providing services through a network of over 110 local offices and active centres.

It now seeks to make a number of appointments to its Regulatory Board:

1. Chair Designate on an initial one-year contract from November 2025. It is envisaged that the Chair Designate will therefore take up the role of Chair of the Regulatory Board from November 2026 for an initial three-year term when the current Chair’s term ends.
2. Lay Member with an appointment from November 2025 for an initial three-year term. This individual would also take on the appointment as Chair of the Appointments Board for a term of at least one year (commencing November 2025).
3. Lay Member to commence in November 2026 for an initial three-year term.

The Regulatory Board was established in 2008 in order to bring together all of the ACCA’s governance and oversight arrangements for regulation and discipline into one single entity. It provides clear lines of oversight and responsibility for demonstrating that ACCA’s regulatory and disciplinary arrangements are operated with appropriate independence from its other activities.

Applications are sought from individuals who can demonstrate an impartial mind-set and a well-developed understanding of good governance practice. The rationale is to provide constructive challenge from an ‘outside’ perspective and introduce specific non-accountancy skills. The appointees will bring independence and clarity to each role, showing an understanding of the ACCA’s obligations to operate in the public interest and, ideally, an existing knowledge of regulatory and disciplinary matters. For the Chair Designate appointment, previous experience of leading a Board and ensuring effective conduct of Board meetings is required.

These roles are not open to accountants. The appointments are made for an initial term as Chair Designate for one year, Lay Members for an initial term of three years. The Lay Member who will also be Chair of the Appointments Board will take on that additional role for an initial period of one year. You may apply for all roles. Further information is available at www.odgers.com/93496