LIZ RYLATT has unexpectedly quit as finance director at ICAEW, Accountancy Age has learned.
Rylatt, who joined ICAEW in 2014 with overall responsibility for the institute’s financial management, has quit as FD with immediate effect.
A ‘difference of opinion’ at board level may have contributed to her sudden departure, one person with knowledge of the situation told Accountancy Age.
The long-serving BBC executive brought “a significant wealth of experience” Michael Izza, ICAEW chief executive said at the time of her appointment.
She qualified with the ICAEW while at KPMG before serving in a number of retail sector roles.
An ICAEW spokesperson told Accountancy Age: “Liz Rylatt has resigned from her role as executive director, finance, operations & members, from 5 February 2016.
“During her two years with ICAEW she was responsible for getting two major projects off the ground and now feels it is an appropriate time to hand them over for completion. We thank Liz for her contribution and wish her well for the future.”
British business leaders are not optimistic about the future, according to a new business survey
Senior finance appointments parachuted in as investigation finds Redcentric overstated profits by £20m
Prime minister May outlines tax incentives to boost high-tech business, and further corporation tax rate cuts, to the CBI
The application of robotics in finance functions is moving faster than predicted. Although, companies are cautious in how they are applying artificial intelligence to ensure results first, many are stepping up their investigations