Michael Izza Explained

Michael Donald McCartney Izza (born December 1960) is the former CEO of the Institute of Chartered Accountants in England and Wales (ICAEW).[1]

Early life and education

Born in Bolton, Izza gained a law degree from Durham University, during which time he was also President of Durham Students' Union.[2]

Career

Upon graduation in 1983, Izza trained as a chartered accountant with Coopers & Lybrand in Manchester (now PwC).[3]

Izza joined Canadian brewing company John Labatt Ltd. in 1989, becoming European vice president finance, progressing to managing director of the firm's European retail arm in 1992.

In 1997, Izza joined Spring Group Plc - as managing director of Spring Skills - then the UK's largest vocational training business - then progressing to group roles including finance director.

ICAEW

Izza joined ICAEW in 2002 as executive director of finance and operations, becoming chief operating officer in 2004 and chief executive in 2006.[4]

In 2008 and 2009, following the financial crisis, Izza chaired three HM Treasury working groups tasked with identifying independent valuers for Northern Rock,[5] Bradford & Bingley[6] and Dunfermline Building Society.[7]

In 2009, Izza chaired an international corporate governance taskforce set up by the Leading Group of Nations to examine the relative merits of an international financial transactions tax.

Izza was a member of the UK Government's Small Business Economic Forum.[8]

As of February 2019, Izza is a member of the advisory group supporting the UK Government's independent review into the quality and effectiveness of audit, led by Sir Donald Brydon.[9]

Izza chairs Chartered Accountants Worldwide (CAW). He is also executive director of the Consultative Committee of Accountancy Bodies (CCAB) and a board member of the Global Accounting Alliance (GAA).[10]

Izza is a member of the Worshipful Company of Chartered Accountants in England and Wales, one of the livery companies of the City of London.

Personal life

Izza is married with two children.

Izza has been a trustee of several charities, and is currently on the trustee board of Moorfields Eye Charity,[11] which supports Moorfields Eye Hospital.

External links

Notes and References

  1. Web site: Michael Izza ICAEW management About ICAEW ICAEW. www.icaew.com. 2019-03-28.
  2. Web site: In the hotseat - Izza in charge Accountancy Daily. www.accountancydaily.co. 2019-03-28.
  3. Web site: In the hotseat - Izza in charge Accountancy Daily. www.accountancydaily.co. 2019-03-28.
  4. Web site: Michael Izza appointed new ICAEW CEO. By Dan Martin. AccountingWEB. 2006-10-26. AccountingWEB. en-gb. 2019-03-28.
  5. Web site: Northern Rock Independent Valuer issues Assessment Notices. www.bdo.co.uk. en. 2019-03-28.
  6. Web site: Blackstone and BDO pitch to value B&B compensation. https://ghostarchive.org/archive/20220512/http://www.independent.co.uk/news/business/news/blackstone-and-bdo-pitch-to-value-bb-compensation-1667400.html . 12 May 2022 . subscription . live. 2009-04-12. The Independent. en. 2019-03-28.
  7. Web site: HM Treasury: Dunfermline Building Society Compensation Scheme: Appointment of the independent valuer. Mynewsdesk. en. 2019-03-28.
  8. Web site: Vince Cable and Mark Prisk host first Small Business Economic Forum. GOV.UK. en. 2019-03-28.
  9. Web site: Advisory Board and Auditors’ Advisory Group: members. GOV.UK. en. 2019-03-28.
  10. Web site: GAA Alliance Members Global Accounting Alliance. www.globalaccountingalliance.com. 2019-03-28.
  11. Web site: Moorfields Eye Charity appoints trustees. McClean. Andrew. www.aop.org.uk. en. 2019-03-28.

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