Michael Izza becomes chairman of Chartered Accountants Worldwide

Chartered Accountants Worldwide (CAW) announced that Michael Izza, CEO of ICAEW, has been appointed as the second Chairman of CAW.  He follows Pat Costello who has stepped down after 3 years in the role.

Prof. Mardiasmo, President of Ikatan Akuntan Indonesia (IAI/Institute of Indonesia Chartered Accountants) congratulates the appointment of Michael Izza as Chairman of CAW and awaits the intensified activities of IAI and CAW in building the capacity of the global accounting profession. He believes that membership with and recognition from CAW is a key milestone in continuous efforts to further strengthen the Chartered Accountant qualification around the world, with the broader aim to build the capacity of professional accountants in the country and be ready with the ever-changing regional and global environment.

He said, “I believe Mr. Izza will do a remarkable work to strengthen the role of the profession and influence the future of the global profession. As a member of CAW, IAI will optimize its role in strengthening Chartered Accountant's brand and recognition in the global business world.”

Outgoing chairman, Pat Costello says: “It has been a privilege to be the first Chairman for the Chartered Accountants Worldwide and to see the family grow from strength to strength.  I know the organisation is in safe and dynamic hands and Michael, as an outstanding leader, will build on the foundations to take our members to the next level”.

In his new role as Chairman, Michael Izza will promote the contribution made by members and the profession as a driver of business and economic confidence and growth across the world.

“It is a great honour to be appointed Chair of Chartered Accountants Worldwide.  Pat has done a phenomenal job in promoting the chartered accountancy profession as trust leaders, incorporating new member institutes from all corners of the globe. We will continue to work together to strengthen the Chartered Accountants Worldwide family, promote the profession and support our members wherever they are working around the world.  It’s an exciting and challenging time for the profession as we face unprecedented change in both regulation and technology.  The ability to share experience and resources to grasp these opportunities will be vital in future.”

Chartered Accountants Worldwide brings together the members of twelve leading institutes to create a community of over 1.7m Chartered Accountants and students in more than 200 countries.

The organisation is committed to promoting the prestige of Chartered Accountants and the value they can offer to organisations. Through its member institutes, Chartered Accountants Worldwide supports, develops and promotes the role of accountants as trust leaders in finance, accountancy and business globally.

About CAW:

Chartered Accountants Worldwide

Chartered Accountants Worldwide has been created by the leading institutes of Chartered Accountants from around the world to support, develop and promote the vital role that Chartered Accountants play throughout the global economy. More information on the organisation can be found at charteredaccountantsworldwide.com  

Chartered Accountants Worldwide Associate membership is open to Chartered Accountancy bodies who:

  • refer to their members as Chartered Accountants and legitimately use the Chartered Accountant brand;
  • are a member of IFAC or an IFAC Recognised Regional Organisation (e.g., CAPA or PAFA);
  • require their members to commit to continuing professional development;
  • are committed to working together to promote the Chartered Accountancy brand; and
  • can demonstrate how they are improving the quality of the Chartered Accountancy qualification.


Chartered Accountants' Hall
Moorgate Place

Press enquires: antje.derks@charteredaccountantsworldwide.com

Ikatan Akuntan Indonesia

Ikatan Akuntan Indonesia (IAI/Institute of Indonesia Chartered Accountants) is responsible for the regulation of professional accountants, including setting accounting standards in the private sector, administering the Chartered Accountant (CA) Indonesia exam, providing continuing professional education, establishing a code of ethics, adopting professional standards, and maintaining a disciplinary system for members. IAI membership comprises accountants from all accounting backgrounds, including public accountants/auditors, management accountants, tax accountants, internal auditors, academics and public sector accountants.


Grha Akuntan
Jalan Sindanglaya No.1
Jakarta Pusat 10310

T +62 (21)31904232

Press enquires: dedi.irawan@iaiglobal.or.id

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