Bruce Cartwright, CEO of the Institute of Chartered Accountants of Scotland (ICAS), has been appointed as new chair of the Global Accounting Alliance (GAA).

Cartwright succeeds former GAA chair Barry Melancon who is retiring at the end of 2024.

The GAA was formed in 2005 and serves as a forum for 10 of the world’s leading professional accountancy bodies, including ICAS. Together, the GAA’s member bodies represent over 1.4 million accountants in more than 180 countries.

Cartwright said: “It is a privilege to take up the position of chair at the GAA. The Alliance provides a vital role in fostering collaboration amongst accountants globally while advocating for international issues to support the advancement of the profession.

“The accountancy industry is going through a transformative phase, driven by significant political and technological changes creating ripple effects across economies, including accountancy.

“In my role I hope to help in reshaping the profession and making sure we lead in the advancement of pertinent issues such as sustainability reporting, governance reforms, and regulatory developments.”

Jim Knafo, CEO of the Global Accounting Alliance, said: “I warmly congratulate Bruce on his appointment and look forward to collaborating with him even more closely in his new role.

“Bruce’s outstanding leadership as CEO of ICAS, and his extensive experience on our board of directors make him exceptionally well-suited for this position. His vision and expertise will be invaluable in guiding the GAA though this pivotal time for the profession.”