Vice Presidential Election

Good luck to the three candidates standing for the position of Vice President of the ICAEW.

They are:

- Gerald Russell, senior partner in the London office of Ernst & Young

- Ian Hayes, managing director at Vataxworld London

- Paul Wagstaff, client partner at HLB Vantis Audit in Wokingham.

Voting closed yesterday, and the successful candidate will be announced at the ICAEW council meeting this Thursday.

The new vice president will take up the role in June. He will then become deputy president after 12 months in office, before being elevated to the post of president of the institute in 2010.

It is a pity, and indeed a mystery, as to why the membership of the ICAEW are not allowed by council to vote for the vice president.

Anyone would think that council and the ICAEW are not interested in the views and opinions of the membership, but only interested in taking our subscriptions from us each January.

Surely not?

Is this an example of effective corporate governance?