Iain McLaren succeeds Alan Thomson as the
president of The Institute of Chartered Accountants of Scotland

McLaren, who was previously a KPMG Scotland
senior partner, is currently Audit Committee of Cairn Energy Audit
Committee senior independent director and chair and chairman of
Investors Capital Trust.

He is also a board member and chair of the
audit committee of Scottish Enterprise, a non-executive director of
Edinburgh Dragon Trust, Baillie Gifford Shin Nippon Trust, Econfin
Water & Power Resources Trust and a member of the Court of
Heriot Watt University.