ICAS Ethics Board
Ethics and integrity are at the heart of the professional responsibilities of ICAS members.
The Ethics Board’s mission is to provide knowledge, guidance and assistance to ICAS members in order that they may meet the ethical responsibilities of their profession; and to support, guide, and challenge the ICAS leadership with its strategic goal “To become a global leader in the application of professional ethics.”
The Board will seek to achieve this mission by meeting the following objectives which are in line with the ICAS strategic goals. It is recognised that the responsibility for achieving the ICAS strategic goal “to become a global leader in the application of professional ethics” does not rest solely with the Board. The Board will therefore seek assistance from the ICAS community to meet the following objectives as and when appropriate.
For the avoidance of doubt, it is not the responsibility of the Board to respond to, or investigate, complaints or accusations made against members of the Institute. Such matters are the responsibility of the Regulation division.
The Ethics Board objectives are:
- to be relevant to ICAS members’interests throughout their training and subsequent careers and in all of the main locations and sectors in which ICAS members operate, by being knowledgeable and aware of the latest issues in ethics, by emphasising the importance of behaving ethically, and providing support material to help them personally, and their organisations, embed ethics.
- to be connected with ICAS members through a variety of ICAS communication channels to engage in communities and networks which will keep the membership informed about developments in ethics and related matters which will help to ensure they exhibit appropriate professional behaviour.
- to promote trust in ICAS members, the accountancy profession and in business by sustaining the highest standards of ethics and seek to ensure that ICAS members are aware of the need to operate to the highest standards of professional practice in the public interest.
- to deploy a public voice which offers independent, timely, insightful and practical thought leadership and guidance on ethics and related matters to the membership, public, the business world, government, regulatory and other stakeholders, increasingly on a global basis.
- to promote The Power of One motif, amongst the ICAS membership, the profession and business.
Board members
Loree Gourley (Chair)
Loree has more than 20 years of experience in the life science domain focusing on medical equipment, pharmaceuticals and more recently the capital markets serving both business-to-business and business-to-government in Europe, North America and Asia Pacific.
She joined EY UK LLP in June of 2015 as the Director of Regulatory & Public Policy responsible for addressing key national and international regulatory & policy matters affecting both EY and its clients. This involves regular dialogue with government, regulators, professional bodies and other stakeholders including the institutional investors, clients and leading academics.
Loree completed her full-time Master of Business Administration (MBA) at Macquarie Graduate School of Management (MGSM) in Sydney, Australia. After her MBA she furthered her studies part-time at Columbia Business School in New York City learning more about building trustworthy organisations and the important role that corporate culture plays.
Samuel Ennis
Samuel is a Director at Tradeweb. Samuel is a qualified Chartered Accountant with the Institute of Chartered Accountants of Scotland, as well as being a member of the Association of Tax Technicians.
Samuel specialises in providing International Corporation Tax advice.
Samuel views ethics as the bedrock of a successful business and is very passionate about encouraging ethics at a corporate and individual level.
Jonathan Fitzpatrick
Jonathan is an experienced Head of Internal Audit within the Oil and Gas sector, and has worked internationally for a variety of employers, including large privately owned Groups, National Oil Companies and large Service Companies. This diverse experience has given Jonathan an excellent appreciation of the different cultural approaches adopted towards Corporate Governance and Ethics globally.
Jonathan is also an experienced Pension Trustee and is the whistle blowing focal point for his current employer, Essar Oil UK Ltd.
He graduated in 2004 from Heriot Watt University with an MA in Economics and then qualified as a CA in 2007.
Marianne Harper Gow
Marianne is a Director, Governance and Sustainability, at Baillie Gifford. She joined Baillie Gifford in 2004 and her experience extends over many areas including governance and sustainability research, company engagement, voting and client reporting. Her current role involves engaging with institutional investors, regulators and industry bodies across the globe on a broad range of environmental, social and governance matters. Prior to joining Baillie Gifford, Marianne worked offshore carrying out environmental and geological survey work. She has a degree in Environmental Science from the University of Aberdeen and MBA from the University of Edinburgh.
Marianne is also a member of the Social Investment Scotland (SIS) Ventures Investment Committee.
John Kerr
John is an experienced non-executive director. He is chairman of Kin and Carta plc, a member of the board of trustees of the charity Plan International (UK) and acts as an adviser to London law firm, Travers Smith. He has been a member of ICAS since 1982.
John was previously a partner in Deloitte, where he was global leader of Deloitte Consulting and, prior to that a partner in Arthur Andersen, where he served on the global board.
Margo Main
Margo is an experienced senior finance executive. She trained with EY and, after qualifying, moved into industry.
Margo’s experience is mainly in the manufacturing sector where she has held various senior operational finance and group finance roles with global organisations. A significant part of her career has been with Devro plc on two separate occasions. In between she was Finance Director of Forbo-Nairn Ltd, part of the Swiss Forbo Group, and GFC at Havelock Europa Plc.
Most recently Margo was the Project Finance Director to establish Devro’s manufacturing entity in China and subsequently led Devro’s initiative to implement standardised project management procedures across its global supply chain.
Margo considers ethics to be at the foundation of a sound business and is passionate in promoting this.
Bill MacLeod
Bill is a Chartered Accountant and was a partner at PwC for 25 years until his retirement in 2020. He specialised in audit and held a variety of roles during his PwC career. He served on PwC's Supervisory Board, chaired its Audit and Risk Committee, was the senior partner of the Newcastle office and was latterly PwC’s Ethics Partner and Partner Responsible for Independence prior to his retirement. He has also worked abroad with PwC spending 5 years in the United States and Dubai.
He chairs the International Advisory Board to Newcastle University Business School. He is also a Non Executive Director of The Newcastle upon Tyne Hospitals, NHS Foundation Trust and of Newcastle Gateshead Initiative, which promotes inward investment and tourism.
John McLeod
John is the Accountant for the Educational Institute of Scotland (the EIS), the largest trade union representing Teachers and Lecturers working in Scotland. Within this role, he is responsible for the financial management and reporting of the Institute itself, as well as for two connected charities and a superannuation scheme.
Prior to joining the EIS, John worked as Group Finance Director of a large privately owned haulage business. However, the majority of his career has been spent within the accountancy profession, most recently as an audit partner with RSM Tenon and then Mazars LLP, specialising in work with owner managed businesses, professional practices, charities and pension schemes.
Tom McMorrow
Tom qualified as a solicitor and after a period in general legal practice, was with ICAS for some 17 years dealing with professional conduct matters, and latterly becoming the Institute’s General Counsel. After a period with the Crown Office’s serious financial crime unit, he then joined Baker Tilly (now RSM) as Director of Policy and Regulation, and also acted as the firm’s Ethics Partner for ten years. He was appointed MBE in 2018.
Catriona Paisey
Catriona is a Professor of Accounting at the University of Glasgow. She trained with KPMG in Aberdeen and entered academia shortly after qualifying. She has now worked in the Scottish university sector for 26 years.
She teaches financial reporting and accounting ethics, and researches aspects of the accountancy profession including accounting education, accounting careers, professional discipline, ethics and accounting history.
Euan Stirling
Euan is Global Head of Stewardship and ESG Investment at Aberdeen Standard Investments.
Euan manages the ESG Investment Team at Aberdeen Standard Investments and is based in Edinburgh. In this role Euan monitors the governance, stewardship and responsible investment activities of Aberdeen Standard Investment’s investment assets and portfolios on behalf of its clients. Previously Euan worked for Schroder Investment Management as a Fund Manager on the UK Equity desk before joining Standard Life Investments in 2001 as Investment Director, UK Equities. In that role, Euan managed a range of institutional and retail portfolios as well as researching sectors as diverse as banks and aerospace. Euan has 24 years of industry experience and is a Chartered Accountant.
Aileen Wright
Aileen is Head of Corporate Reporting at the Scottish Government, leading on external and internal financial reporting and related governance and accountability. She trained with Scott Oswald & Co, worked in Corporate Recovery with KPMG and moved into government when it was adopting “proper accounting”. Aileen has held different roles in the Scottish Government, including a period as Head of internal Audit. A current member of the Financial Reporting Advisory Board, she still enjoys wrestling with technical accounting challenges, both the development of standards and their practical application to the delivery of public services and she is also the Training Principal responsible for their ICAS CA students.
Aileen recently completed a period as Convenor of the ICAS Public Sector Panel and member of Technical Policy Board.