Julia Penny has been announced as the new vice president of the Institute of Chartered Accountants in England and Wales for 2020-21.
A specialist in accounting and anti-money laundering, Penny is an audit that has worked at organisations including Wilmington PLC, Wolters Kluwer and Baker Tilly.
In 2013 she joined ICAEW council, and was a member of the ICAEW technical strategy board until June 2017. When she joined the ICAEW Ethics Advisory Committee, which she currently chairs.
Penny has also been a member of the ICAEW board since June 2017.
She said: “‘I am passionate about my membership of ICAEW and I believe that as Vice-President I can help to restore trust in our profession and develop the future of chartered accountancy.
“I have experience of audit, ethics and financial reporting, having taught and written about them for 30 years.”
She added: “I want to use that experience to ensure ICAEW adapts to a changing landscape, fully reflects the diversity of current and future members, and acts to restore trust in our profession.”
William Brooks, current ICAEW VP said: “Congratulations to Julia on her election as Vice-President. There was a strong field of candidates for the role, as there is every year. Julia has shown great enthusiasm and commitment to ICAEW and is an excellent choice as vice-president. I look forward to working with her.”
Penny will be vice-president for the year from June 2020 to June 2021, subject to her formal election at the June 2020 council meeting.