Julia Penny has been announced as the new vice president of the Institute of Chartered Accountants in England and Wales for 2020-21.\r\n\r\nA specialist in accounting and anti-money laundering, Penny is an audit that has worked at organisations including Wilmington PLC, Wolters Kluwer and Baker Tilly.\r\n\r\nIn 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.\u00a0\r\n\r\nPenny has also been a member of the ICAEW board since June 2017.\r\n\r\nShe said: \u201c\u2018I 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.\r\n\r\n\u201cI have experience of audit, ethics and financial reporting, having taught and written about them for 30 years.\u201d\u00a0\r\n\r\nShe added: \u201cI 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.\u201d\r\n\r\nWilliam Brooks, current ICAEW VP said: \u201cCongratulations 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.\u201d\r\n\r\nPenny will be vice-president for the year from June 2020 to June 2021, subject to her formal election at the June 2020 council meeting.