AAT unveils new governing structure

The Association of Accounting Technicians (AAT) has launched a new governing structure, which has remained largely unchanged for a decade, with a newly appointed trustee board and the creation of the Members’ Advisory Council (MAC).

The new skills-based trustee board is chaired by Sir Stephen Hillier and comprises 11 non-executive directors who collectively bring a wealth of senior regulatory, governance, finance, business strategy and social mobility experience. 

The board has the overall responsibility for establishing and overseeing AAT’s strategic direction and framework of delegation, enabling relevant matters to be dealt with by supporting committees, boards, panels and the executive team. 

Sir Stephen Hillier, AAT chair, said: “Today marks a significant milestone for AAT as we take bold steps towards our ambitious 2030 vision. This transformation goes beyond structure – it’s about building a dynamic, forward-thinking board that reflects the diversity of our profession and the public. 

“By bringing together a wide range of experience and skills, we are ensuring AAT remains at the forefront of the industry, driving innovation, championing social mobility, and supporting our members and students in an ever-evolving world. I look forward to seeing the impact of the board’s contributions as we continue to strengthen AAT’s influence and support for the profession.”

Meanwhile, the new MAC body will “amplify the membership voice” within AAT’s governance structure. A MAC appointee – Jas Bhohi, managing director of Kumar and Co Chartered Accountants – will also serve on the board, linking governance and representation within the organisation.

AAT president Michael Steed will chair the MAC, whose primary role is to “represent members, reflect their diverse insights, and provide advice to AAT and the trustee board on matters affecting the AAT community”.

The association said that whilst the trustee board is the highest governing body and where AAT’s strategic decisions are ultimately taken, the MAC has important duties to support good governance, including electing a MAC appointee to serve on the AAT board as a trustee for a three-year period. 

The MAC is also responsible for electing AAT’s vice president from amongst its ranks, who then moves into the role of president after a year.

Michael Steed, AAT president, said: “These changes mark an exciting new chapter for AAT. The Members’ Advisory Council will support the board through insight, expertise and their individual lived experiences. 

“In doing so we can ensure that we continue to uphold the highest standards while remaining agile and forward-thinking in an ever-changing business landscape. The MAC brings a wealth of experience that will guide AAT towards an even stronger future.”