Michael Izza is
CEO
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especiall ...
of the
Institute of Chartered Accountants in England and Wales
The Institute of Chartered Accountants in England and Wales (ICAEW) is a professional membership organisation that promotes, develops and supports chartered accountants and students around the world. As of July 2022, it has over 198,000 members ...
(ICAEW).
Early life and education
Izza was born in December 1960.
From
Bolton
Bolton (, locally ) is a large town in Greater Manchester in North West England, formerly a part of Lancashire. A former mill town, Bolton has been a production centre for textiles since Flemish weavers settled in the area in the 14th ce ...
, Izza gained a law degree from
Durham University, during which time he was also President of
Durham Students' Union
Durham Students' Union, operating as Durham SU, is the students' union of Durham University in Durham, England. It is an organisation, originally set up as the Durham Colleges Students’ Representative Council in 1899 and renamed in 1969, with ...
.
Career
Upon graduation in 1983, Izza trained as a
chartered accountant with
Coopers & Lybrand
PricewaterhouseCoopers is an international professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world and is considered one of the Big Four accounting ...
in Manchester (now
PwC
PricewaterhouseCoopers is an international professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world and is considered one of the Big Four accounting ...
).
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.
In 2008 and 2009, following the financial crisis, Izza chaired three
HM Treasury
His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and ec ...
working groups tasked with identifying independent valuers for
Northern Rock
Northern Rock, formerly the Northern Rock Building Society, was a British bank. Based at Regent Centre in Newcastle upon Tyne, United Kingdom, Northern Rock was originally a building society. It demutualisation, demutualised and became North ...
,
Bradford & Bingley
Bradford & Bingley plc was a British bank with headquarters in the West Yorkshire town of Bingley.
The bank was formed in December 2000 by demutualisation of the Bradford & Bingley Building Society following a vote of the building society's m ...
and
Dunfermline Building Society
The Dunfermline Building Society was a building society and later a trading division of Nationwide Building Society, based in Dunfermline, Scotland. Before its 2009 merger with Nationwide, it was the largest building society in Scotland and th ...
.
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.
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
Sir Donald Hood Brydon (born 1945) is a British businessman who is chairman of the Sage Group and of the Charities Chance to Shine and The Science Museum Foundation.
He was previously chairman of London Stock Exchange Group, Royal Mail, Smi ...
.
Izza chairs Chartered Accountants Worldwide (CAW). He is also executive director of the
Consultative Committee of Accountancy Bodies The Consultative Committee of Accountancy Bodies (CCAB) is an umbrella group of chartered professional bodies of British qualified chartered accountants.
Members
Since 2012, CCAB has five member bodies:
* Association of Chartered Certified Account ...
(CCAB) and a board member of the
Global Accounting Alliance
The Global Accounting Alliance (GAA) is an international coalition of accounting
Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities s ...
(GAA).
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
The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London f ...
.
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,
which supports
Moorfields Eye Hospital
Moorfields Eye Hospital is a specialist NHS eye hospital in Finsbury in the London Borough of Islington in London, England run by Moorfields Eye Hospital NHS Foundation Trust. Together with the UCL Institute of Ophthalmology, which is adjac ...
.
References
External links
An interview with ICAEW CEO Michael Izza
Living people
Year of birth missing (living people)
British accountants
Coopers and Lybrand people
British chief executives
Alumni of St Cuthbert's Society, Durham
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