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The Association of Chartered Certified Accountants (ACCA) has elected its first-ever female member from China to serve as its president.

Jenny Gu will head the organisation, which has more than 219,000 members and 527,000 students across 179 countries, after ACCA’s Annual General Meeting (AGM) in London confirmed her appointment on 21 November 2019.

Gu is chief executive officer at Richemont China, which owns many leading luxury and fashion brands including Cartier, Jaeger-LeCoultre, Montblanc, dunhill and Chloé.

Prior to Richemont, Gu gained 25 years’ experience in management consultancy, working in multinational companies and private equity firms including Nike and TPG Capital.

She will serve a year in office, succeeding ACCA’s outgoing president, Robert Stenhouse. Also elected to serve with Gu were the new deputy president, Mark Millar from the UK, and incoming vice president, Orla Collins from the Republic of Ireland.

Gu said: “This is such an honour, and it is humbling to earn the support of so many colleagues.

“I am looking forward immensely to serving as President of this wonderful organisation, which does such an incredible job in training skilled and dedicated financial professionals across the world.”

She added: “I aim to make diversity and inclusion the main theme of my year in office. ACCA has a proud record of creating opportunity in our profession, and I am passionate about encouraging diversity, including ensuring that women have the chance to contribute at the highest levels of business and government.”

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