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AAT appoints Lucy Cohen as new president

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The Association of Accounting Technicians (AAT) has appointed Lucy Cohen, co-founder of accountancy firm Mazuma, as its new president. 

She succeeds Michael Steed, with Craig Dyer named vice-president. In her new role, Cohen plans to focus on promoting diversity, inclusion and support for small businesses. 

She began her career through an AAT apprenticeship before founding Mazuma at 23, growing it into a subscription-based accountancy firm employing more than 70 people and serving over 10,000 small and medium-sized enterprises across the UK.

AAT also paid tribute to outgoing president Michael Steed for his contribution to the organisation, including his work on the Members’ Advisory Council and the launch of AAT Connect, the body’s first member event.

The appointments come as AAT continues to implement a refreshed governance structure, designed to balance long-term stability with stronger member engagement.

Sarah Beale, AAT chief executive, said: “We’re delighted to welcome Lucy as our new president. Her journey from apprentice to successful business leader is a powerful example of what can be achieved through hard work, resilience and a passion for helping others to succeed. 

“Lucy’s commitment to diversity and small business support reflects the very best of what AAT stands for. I’d also like to congratulate Craig Dyer on his appointment as vice-president. Together, they bring energy, insight and experience to AAT’s leadership team.”

Cohen, who received the AAT Past Presidents’ Award in 2021 for her work on mental health awareness, added: “My two priorities are simple. I know what it’s like to start out without connections or a head start. The AAT apprenticeship gave me the foundation for everything that followed. It taught me that talent exists everywhere – it just needs the right chance to grow. Now I want to give back to the professional community that gave me my start.”

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