The Association of Chartered Certified Accountants (ACCA) has appointed Maggie McGhee as executive director- governance.

McGhee currently serves as the organisation’s director – professional insights and has also been covering as interim director – brand and corporate reputation since May 2018.

The appointment followed the early retirement of Peter Large, who has been executive director – governance since 2008. Large will leave the ACCA at the end of September 2018, with McGhee beginning her new role on 1 October.

ACCA’s chief executive Helen Brand said: “In just two years as our director – professional insights, Maggie has significantly contributed to ACCA’s leadership of the profession. She’s successfully directed a team of talented subject experts, publishing a wide range of engaging research from the impact of the global economy to social mobility to tax policy, as well as focussing ACCA’s public affairs activities around the world.”

McGhee added: “This is a pivotal time for the accountancy profession. Trust and quality in financial reporting, audit, corporate governance, and investor stewardship are essential. These are critical to the functioning of financial markets, the global economy and to public confidence.

“Our reputation rests on that of our members. This is especially true of practising members who provide professional services to the public, including accounting, auditing, investment business and insolvency services. I look forward to our work in supporting our 208,000 members globally.”

McGhee is a chartered accountant with a degree in law. Prior to joining ACCA in 2016, she was director general, audit quality at the UK’s National Audit Office.