Chartered Institute of Management Accountants

29 November 2006

Eight members of CIMA (The Chartered Institute of Management Accountants) are among those ranked as the key movers and shakers on The Times Power 100 list, as published in The Times on 6 November 2006.  The list is comprised of men and women running FTSE350 companies who are considered to be the most powerful leaders in British business. 

The CIMA members who have made the list for 2006 are: Rudy Markham, CFO, Unilever plc (no. 5); Paul Walsh, CEO, Diageo plc (no. 14); Kenneth Hydon, NED, Tesco plc (no. 17); Douglas Flint, CFO, HSBC Holdings plc (no. 34); Philip Yea, CEO, 3i Group plc (no. 61); Andrew Higginson, CFO, Tesco plc (no. 65); George Rose, CFO, BAE Systems plc (no. 67); and Peter Jackson, NED, Kingfisher plc (no. 73).

In a further measure of success, two CIMA members have received awards from Accountancy Age Magazine at their annual ceremony on 15 November, which highlighted achievements in the public and private sector.  In addition to being number 65 on the Times Power 100 list, Andrew Higginson, has also received an award for Outstanding Industry Contribution from Accountancy Age for his role in the success of Tesco, where he has run the finance department since 1997.

In the public sector, Richard Ennis, FD of Ealing Council, and his team have won the Public Sector Finance Team of the Year award from Accountancy Age for their outstanding efforts in turning around the finances of the Council and achieving some £2.2m in efficiency savings, as well as balancing the books for the first time since the 1990s.

John Coghlan, President of CIMA stated, “We are very pleased to see these CIMA members acknowledged for being at the forefront of their industry and for their contributions to business.  As CIMA is the professional accountancy qualification with a sole focus on business, it is great to see our members receiving recognition for being among those who exert the most influence in Britain’s boardrooms and are driving business forward on a strategic level.”

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For further information, please contact:

Annette Heninger
Press Officer, CIMA
+44 (0) 20 8849 2427
annette.heninger@cimaglobal.com

Notes to editors

1. CIMA (the Chartered Institute of Management Accountants) is the only international accountancy body with a sole focus on business.  It is a world leading professional institute that offers an internationally recognised qualification in management accountancy, focusing on accounting in business, in both the private and public sectors. It is the fastest growing UK based accountancy body, in terms of members, in both the UK and worldwide and is the voice of over 85,000 students and 65,000 members in 158 countries.  CIMA is responsible for the education and training of management accountants who work in industry, commerce and not-for-profit and has more members in the public sector than any other UK based body.  CIMA prides itself on the commercial relevance of its syllabus, which is in tune with the activities of high performance organisations, and evolves continually to reflect the latest developments in global business.  It is committed to upholding the highest ethical and professional standards of members and students, and to maintaining public confidence in management accountancy.  For more information about CIMA, please visit www.cimaglobal.com
   
2. The Times Power 100 Methodology: Data for is drawn from directorship details for the largest 350 public companies fully listed by the stock exchange.  Hemscott is the chief source of data used in calculating the Power 100 rankings. (Times press release November 2005)
   

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