Sir David Tweedie nominated as vice-president of ICAS
5 Jan 10
Sir David Tweedie, chairman of the International Accounting Standards Board (IASB), has been nominated as ICAS vice-president
This is in recognition of his outstanding contribution to the accountancy profession and to the Institute. The move means that Tweedie is set to become president of ICAS in 2012. He retires from the IASB on 30 June 2011.
The role of vice-president is unpaid, and will not interfere in any way with Tweedie’s current responsibilities.
Sir David Tweedie’s nomination was warmly welcomed by Douglas Nisbet, current ICAS President, who said: “Sir David is a global leader in the accounting profession. His work at the IASB has been instrumental in moving towards the first truly global, high-quality and comparable accounting standards. He will be an outstanding president for ICAS after he stands down from the IASB Chairmanship in 2011.”
Commenting on the nomination, Tweedie said: “I have been a member of ICAS since 1972, and I greatly appreciate the honour being bestowed upon me. Although not the world’s biggest accounting body, the worldwide impact of ICAS is highly influential.
“It continues to advance the public interest development of accounting by contributing some of the best quality ideas and thinking within the profession.”
Sir David Tweedie was educated at Edinburgh University and qualified as a CA in 1972. He was appointed technical director of ICAS in 1978 and moved from there in 1982 to the position of national technical partner of the then Thomson McLintock & Co. In 1987, his firm merged with Peat Marwick Mitchell & Co and he was appointed national technical partner of KPMG Peat Marwick McLintock.
In 1990, he was appointed the first full-time chairman of the newly created Accounting Standards Board, the committee charged with the responsibility for producing the UK’s accounting standards. He took up his current post as chairman of the IASB in January 2001.
Tweedie is a visiting professor of accounting in the Management School of Edinburgh University. He has been awarded honorary degrees by eight British universities, the ICAEW’s Founding Societies Centenary Award for 1997 and the CIMA Award 1998 for services to the accounting profession.