The Institute of Chartered Accountants of the Caribbean (ICAC) recently honoured its Past Presidents for their invaluable contribution to the ICAC and to the development of the regional accountancy profession. The recognition awards were presented to the nine Past Presidents at a dinner held during the recent ICAC 33rd Annual Caribbean Conference at the Hyatt Regency Hotel in Trinidad & Tobago. The event was attended by an approximately 725 finance professionals and business leaders from the Caribbean, Canada and the United Kingdom.
The past presidents, who were recognised for their outstanding leadership and for building the foundation for the ICAC as the recognized umbrella body for the accountancy profession in the Caribbean, were:
Mr. Aulous Madden, founding President, who served from 1988 – 1995. Having drafted the documents of proposal for the establishment of the Institute of Chartered Accountants of the Caribbean (ICAC), he was chair of the steering committee that eventually spearheaded the incorporation of the ICAC on October 28, 1988. He is Senior Partner at the accounting firm, Aulous F. Madden & Company (now PKF) in Kingston, Jamaica and a past President of the Institute of Chartered Accountants of Jamaica (ICAJ). In 1995, he was awarded the Order of Distinction for his contribution to the accounting profession in Jamaica.
Mr. Phillip Galanis, who served as President from 1995 -1997, at which time he held the positions of Managing Partner, Ernst and Young and Senator in the Bahamas Parliament. A Certified Public Accountant and a past president of The Bahamas Institute of Chartered Accountants (BICA), Senator Galanis, is currently the Managing Partner of HLB Galanis & Co, a chartered accountancy firm.
Mr. Ronald Alli, a partner of Jack A. Alli, Sons & Co., an accounting firm in Guyana, served as President from 1997 - 2001. He is a past President of the Institute of Chartered Accountants of Guyana (ICAG) and was re-elected President of that Institute in 2013.
Mr. Joel Edwards, who served as president from 2001 – 2003, is a Past President of the Institute of Chartered Accountants of Trinidad and Tobago (ICATT). He has had a long and distinguished career in the Co-operative Credit Union Movement in Trinidad and Tobago and currently manages his own firm, The Cyber Consulting Group Limited. He also represented the ICAC on the Board of Trustees of the Caribbean Court of Justice.
Mr. Elson Jordan, who served as President from 2003 – 2005, is also a past President of the Institute of Chartered Accountants of Barbados (ICAB) and a past President of the Certified General Accountants of Association of Canada (CGA) Barbados. He is a regional finance, accounting and management professional and currently works in the Finance Programme of the Caribbean Community (CARICOM) Secretariat. He formerly represented the ICAC on the Board of Trustees of the Caribbean Court of Justice.
Mr. L. Garth Kiddoe, a Chartered Accountant and a Professional Engineer, served as President of ICAC from 2005-2007. He is a past President of the Institute of Chartered Accountants of Jamaica (ICAJ) and also the Jamaica Institution of Engineers (JIE). He is a former Dean of the Faculty of Business and Management at the University of Technology, Jamaica, where he continues to serve as a part-time lecturer in Management. He also represented the ICAC on the Board of Trustees of the Caribbean Court of Justice.
Ms. Angela Lee Loy, has the distinction of being the first female President of the ICAC when she was elected in 2007. She is also the first female President of the Institute of Chartered Accountants of Trinidad & Tobago (ICATT). She is the former Trinidad and Tobago representative on the International Assembly of ACCA and was honored by ACCA in 2008 with the Achievement Award for the Americas for her outstanding contribution to the accountancy profession, to business and society. She is currently the Chairman of Aegis Business Solutions Limited and President of the Trinidad and Tobago Coalition of Services Industries (TTCSI).
Mr. Harryram Parmesar, held the position of President from 2009-2011. He is a Partner in the firm, Parmesar & Co. and is a past President of the Institute of Chartered Accountants of Guyana, where he continues to serve as a member of the Council. Harryram is also Guyana’s representative on the International Assembly of ACCA and represented the ICAC on Board of Trustees of the Caribbean Court of Justice. Ms. Joan (Betty) Brathwaite, the second female President of the ICAC, held the position from 2011-2013. She is the Managing Partner with Deloitte Barbados and is
Deloitte’s first female Managing Partner within its Caribbean and Bermuda Cluster (CBC). A past President of the Institute of Chartered Accountants of Barbados (ICAB), she continues to serve as a Member of the ICAB Council. She has also served as the ACCA International Assembly representative for Barbados.
The development of the ICAC over its 27 year history is due largely to the vision, commitment, and invaluable contribution of its past presidents under whose leadership the ICAC proudly celebrates among its achievements, the implementation of a regional practice monitoring programme aimed at improving quality assurance review systems within the accountancy profession. The ICAC has also successfully forged strong linkages regionally and internationally. Since its establishment in October 1988, the ICAC has also provided a forum for the advancement of the accountancy profession in the Caribbean.
The ICAC currently represents seven English-speaking member institutes with a network of approximately 3,700 accountancy professionals in the Caribbean. It is the recognised regional organization dedicated to advancing the interest of accountants and professionals in the finance and accounting sector within the Caribbean through the promotion of internationally acceptable standards and best practices, thought leadership, research and continuing professional development. The ICAC is also an “Acknowledged Accountancy Grouping” of the International Federation of Accountants (IFAC).
Distinguished Past Presidents who were honoured recently honoured for their contribution to the ICAC and to the development of the regional accountancy profession.