Bruce Cartwright to step down as ICAS CEO in 2026 after shaping industry modernisation
Bruce Cartwright has announced his decision to step down as Chief Executive of the Institute of Chartered Accountants of Scotland (ICAS) in April 2026, marking the end of an impactful tenure that began in March 2018. His leadership has been pivotal in steering ICAS towards modernity and resilience, particularly in the face of evolving demands within the accountancy profession.
In his statement to the ICAS Council, Cartwright expressed gratitude for his time in office, noting it as one of the highlights of his career. “It has been both a privilege and an honour to lead ICAS over this period,” he said, underlining the importance of ethical leadership and public interest in his vision for the organisation. Cartwright highlighted that under his guidance, ICAS has transformed into a "modern, future-facing professional body" dedicated to the needs of its 24,000 members.
Since his appointment, Cartwright has undertaken significant initiatives aimed at reinvigorating ICAS’s strategy and relevance in a competitive landscape. His commitment to ethical conduct and responsibility has become a defining trait of his leadership approach. This focus has resonated with members and has been instrumental in fostering a culture of accountability within the profession.
In addition to his role at ICAS, Cartwright has been deeply involved in global accounting initiatives, serving as the Chair of the Global Accounting Alliance (GAA) from January 2025. This role places him at the forefront of advocating for the accountancy profession on the international stage, representing over 1.4 million accountants across more than 180 countries. His leadership in the GAA will emphasise the importance of global collaboration among accountants, thereby enhancing the voice of the profession on crucial international issues.
Cartwright's background as a Chartered Accountant, having qualified with PwC in 1989, underlines his extensive experience in the finance sector. Before becoming ICAS's CEO, he held several key positions, including Director at EY and as head of PwC’s Scottish Corporate Restructuring practice. His experience has informed his strategic vision at ICAS, enabling the body to adapt to changing legislative and market conditions, especially during turbulent times post-Brexit and through the COVID-19 pandemic.
With Cartwright’s impending departure, questions arise about his successor and the future direction of ICAS. Given the significant progress made in enhancing the organisation's strategy and modernisation efforts during Cartwright's leadership, there will be a keen interest in how the next CEO will build upon this foundation. The transition period leading up to 2026 will be critical for ensuring a smooth handover and maintaining the momentum that Cartwright has established.
Ultimately, his tenure will be remembered for both the challenges overcome and the strategic advancements made within ICAS. As he prepares to pass the baton, Cartwright’s legacy will likely continue to shape the professional body’s approach to leadership, ethics, and member satisfaction long after his exit.