The International Federation of Accountants announced that it has selected former CPA Canada president and CEO Kevin Dancey as its next CEO.

Dancey will join IFAC in May of this year, and succeed current CEO Fayezul Choudhury when his term finishes at the end of the year.

Dancey brings extensive experience to the role, having served as president and CEO of CPA Canada from 2013 until his retirement in 2016, and before that as president of the Canadian Institute of Chartered Accountants, starting in 2006. Prior to that, he was CEO and senior partner of Big Four firm PwC in Canada from 2001 to 2005, and before that, he was national tax leader for Coopers & Lybrand.

IFAC CEO-designate Kevin Dancey
IFAC CEO-designate Kevin Dancey

“Kevin’s deep experience running large and complex membership organizations and an accountancy firm provides outstanding foundations to take IFAC forward,” IFAC president Rachel Grimes said in a statement. “His leadership qualities, and his global relationships, will help ensure IFAC continues to grow its leadership role on the world stage.”

“I’ve known Kevin for a number of years and I’m delighted that someone with his stature, acumen and experience will take IFAC forward,” said Choudhury in a statement.

A graduate of McMaster University, in the 1980s and early 1990s Dancey held a number of positions in the Canadian government, including assistant deputy finance minister of the Tax Policy Branch of the Department of Finance.

He currently chairs Finance Canada’s Departmental Audit Committee and is national coordinator of the CPA Canada Martin Family Initiative. He is also the past chair of the Global Accounting Alliance.

“To be selected as the next IFAC CEO is a singular honor — a career capstone,” said Dancey in a statement. “Accountants positively influence the global economy in a multitude of ways. I’m looking forward to being a passionate advocate for the 3 million professional accountants represented by IFAC’s more than 175 member organizations in over 130 jurisdictions.”

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Daniel Hood

Daniel Hood

Daniel Hood is editor-in-chief of Accounting Today and Tax Pro Today, and has covered the tax and accounting field for over 20 years.