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Thursday, 13th August 2020
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New ICAI president Back  
Adrian Burke was elected the new president of the Institute of Chartered Accountants (ICAI) in Ireland at the institute‚€ôs annual general meeting. Speaking at the AGM, Burke outlined his belief in the benefits of self-regulation by professional bodies. ‚€ėThere are significant benefits to the public from having self-regulation. The regulatory work is done by professionals who understand the work involved, the standards necessary and are in a better position to identify poor work‚€¶ Legislation which will hopefully be enacted later this year will establish a statutory body to supervise self-regulation of the accountancy profession and provide the accountancy bodies with additional powers to carry out their functions.‚€ô
Burke replaces outgoing president Henry Saville. Burke is a former managing partner of Arthur Andersen and holds a number of non-executive directorships including AIB and Coyle Hamilton. The ICAI AGM also elected James Hunt, partner with Chantrey Vellacot DFK, Belfast as deputy president and Terence O‚€ôRourke, partner with KPMG, Dublin as vice president.

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